In the recent market shift linked to the U.S. election and Donald Trump's victory, most major altcoins, including Cardano, have shown impressive gains. Bitcoin’s entry into price discovery mode has bolstered this bullish atmosphere.
Within this context, Cardano’s price skyrocketed by 83% over the course of a week. Despite such a significant increase, analysts believe that Cardano still maintains potential for further growth and is far from reaching an overbought situation.
