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Cardano (ADA) Jumps 19% to Rewrite History in March
The current 19% monthly rally has positioned Cardano on track as the second-best March since its debut. If this rare uptick continues, it may fuel a surge beyond the 2019 growth rate of over 62%. Cardano deserves it.
As a proof-of-stake blockchain, the asset has the fundamentals to justify its projected growth trend in the coming weeks. Like some top altcoins, asset managers are now filing for a Cardano ETF product with the U.S. Securities and Exchange Commission (SEC).
Aside from this ADA ETF, the Cardano protocol drives an impressive chain upgrade to enhance decentralization efforts. Ultimately, the network remains among the most promising to lead the next altcoin season.
Other secondary factors to monitor include general volume revival, open interest, and Cardano whale activities that can shift investor sentiment in the short term.
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Source: https://u.today/cardano-ada-jumps-19-to-rewrite-history-in-march
