ADA Climbs Higher as Cardano Network Upgrade Approaches

Cardano is on a winning streak this week. The price of ADA jumped 5 percent over the last 24 hours to reach $0.2265. This move helps the token outperform Bitcoin while the rest of the market stays quiet. ADA has now gained 15 percent over the past seven days.

Traders are currently watching the $0.25 level as the next major test for the price. If the asset can push past this resistance point, it may signal more momentum for the bulls. This recent growth is impressive because it comes despite new concerns about interest rate hikes in the United States.

The main driver behind the interest is the arrival of Node 11.1.1. This update is designed to help prepare the network for the upcoming Dijkstra upgrade. Investors are watching closely to see if this technical progress will keep the price moving in the right direction.