Cardano’s $1 Dream Is Closer Than Ever – But Is This Too Good to Be True?

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Oh, look at Cardano (ADA), folks. It’s on the verge of a *historic* win streak, like that time you went to the gym for a whole week and didn’t immediately give up. Cardano is gearing up for its seventh consecutive day of gains-since September 7, in case you’re keeping track. With an intraday high of $0.954 on Saturday, the $1 mark is *just around the corner*, like the last slice of pizza at a party. Seriously, it’s almost there.

So, what’s behind this sudden *rocket launch* in price? Well, apparently, it’s the markets rising with the kind of optimism you’d see when someone finds an extra fry at the bottom of the bag. There’s talk of a potential Federal Reserve rate cut in September (because who doesn’t want a little discount on interest rates, am I right?).

Meanwhile, the U.S. consumer price index has jumped to 2.9% on an annual basis in August-biggest jump since January! Yay? Oh, and the Federal Reserve’s favorite number, core inflation, is at 3.1%. All these numbers are like the exciting *backstory* to Cardano’s price surge. Totally thrilling.

And the drama doesn’t stop there. *Enter the whales*. Yes, the crypto giants are back in action, acquiring over 20 million ADA in the last 24 hours. They’re like the Kardashians of crypto-always making moves. No, seriously, Ali (some analyst guy, I guess) said it’s *buying pressure*. Like a Black Friday sale, but in the crypto world.

Whales are back! They bought over 20 million Cardano $ADA in the last 24 hours.

– Ali (@ali_charts) September 12, 2025

At the time of writing (a.k.a. me literally typing this as you read), Cardano was up 7% in the last 24 hours, sitting pretty at $0.946, with a sweet 15% bump this week. Remember when it was languishing at $0.789 on September 1? Look at it now. The crypto world is like that friend who always says, “I can’t, I’m broke,” then shows up with a new iPhone.

Cardano News That Might Actually Matter

Hold on to your wallets, because Cardano’s doing big things. They’ve just launched the first fully community-elected constitutional committee, which sounds incredibly official, like the world’s most boring yet important board meeting. Decentralization is in, and they’re taking *transparency* and *accountability* to a whole new level. Who knew crypto could be so…organized?

Also, a little tech update: Yoroi Extension v.5.13.0 is here! It introduces a shiny new success screen for Midnight claims, and (drumroll) better localization for Japanese speakers. Amazing. And in the world of on-chain activity, transactions have jumped to 113.68 million. They’re really on a roll. Oh, and 320 GitHub commits were made this week. So, yeah, Cardano’s just over here casually crushing it.

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2025-09-13 16:53