Cardano (ADA) Price Hits 18-Month High, Potential Price Targets Ahead

In a recent update, on-chain data provider Santiment reported that Cardano (ADA) has surged to a price peak of $0.633, marking its highest level since June 2022. The cryptocurrency has experienced a significant uptick in trading volume, reaching levels not seen since the mentioned period.

Crowd interest in Cardano has notably intensified, constituting about 4% of all cryptocurrency discussions today. This resurgence in popularity suggests that Cardano, currently holding the 8th position in market cap, has reentered the forefront of crowd consciousness. While FOMO (Fear of Missing Out) levels are reportedly high, Cardano appears to be gaining momentum and making up for lost time in the cryptocurrency market.