Cardano just woke up from its nap.

ADA jumped 6.18% in 24 hours, climbing from $1.06 to $1.13.

 With volume surging and charts looking strong, analysts think this rally's got legs – possibly all the way to $2.

Putting Numbers to the Test

Money's flowing into Cardano right now in a big way. 

Trading volume shot up 9.91% to $2.25 billion, the market cap is pushing $39.6 billion, and futures traders are betting big.

Open interest jumped 14.38% to $787.1 million. 

That's serious money moving into ADA.

Chart Watchers Getting Excited

Technical traders are spotting something interesting: a bull pennant pattern. 

It's like a coiled spring, suggesting ADA's building energy for its next move up. 

Crypto Rand, who called several big moves this year, ranks Cardano's chart among the market's most promising.

The $1 mark has officially evolved from resistance to firm support. 

ADA is tearing through levels and converting what was once a barrier into a strong springboard.

The surge isn't just retail traders throwing money around, either.

Large holders have been quietly accumulating ADA for weeks. 

When whales start stockpiling like this, it usually means something's brewing.

Trump's Altcoin Season

Crypto Rover dropped a bombshell on X: "Trump is about to start the biggest Altcoin season. This is the right moment which has never been seen before." 

With the broader altcoin market heating up, ADA is perfectly positioned to catch this wave.

Analysts are watching key levels to build their positions and their convictions. 

$1.20 is the first major target they’re watching, followed by $1.50 as mid-term resistance.

After that, the big number on everyone’s mind is $2.00.

The path looks clear, but markets tend to meander and fake out even the best traders. 

Each level must be tested, broken, and held before the next push.

What Makes This Time Different?

This is looking different from previous pumps. 

The volume's real, the accumulation's steady, and the technical setup's textbook-perfect. 

Plus, with Trump's return to office potentially sparking an altcoin boom, ADA's got more than just charts on its side.

Sure, the signs look good, but nothing is guaranteed. 

Smart money's watching those support levels closely, and if you’re bullish on ADA, you should too. 

A break below $1 could change the whole picture, turning support back into resistance. 

But right now, the bulls are in control, and they're eyeing $2 – Cardano's not sitting this rally out.