Cardano, one of the leading cryptocurrencies in the market, is currently exhibiting signs of stability and the potential for significant gains amidst a surge in transaction volume. Over the past 24 hours, the price of Cardano has maintained relative stability, indicating a period of sideways movement. Currently trading at $0.78, Cardano is positioned for a potential 78% increase, with a target price of $1.32.

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.