Cardano ($ADA) has been making waves in the crypto market, breaking away from the altcoin pack and approaching its 8-month high. Its ADA-to-BTC ratio is also climbing to levels not seen in months, underscoring the token’s recent strength. 📈 Cardano is decoupled from the altcoin pack, nearly matching its 8-month high. Its price ratio against Bitcoin is also nearing an 8-month high. The last time we saw this level of ADA transaction and whale volume was in June, just prior to a +26% burst in the ADA/BTC pairing. pic.twitter.com/8EmEAySWaq — Santiment (@santimentfeed) November 20, 2024 The rally, which kicked off
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