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Cardano surges 19% as it launches Dijkstra era, breaking $0.20 resistance for the first time this year.

Protocol Fundamentals
08 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Cardano's ADA token rose over 19% this week following the launch of its Dijkstra development era, which funds core development directly from its treasury. This milestone made Cardano one of the most decentralized blockchains with a Nakamoto coefficient of 16. The price broke above the key $0.20 resistance level, opening targets at $0.24 and $0.30, supported by increased whale accumulation and trading volume. Continued ecosystem expansion and development could sustain ADA's upward momentum.

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