Cardano: DEX Volume Jumps 28%

Cardano's DEX volume surged to $5.61 million over the last week, marking a sharp 28.3% increase from the prior period, as reported by analyst @ItsDave_ADA. Perps trading on the network absolutely detonated, racking up a cumulative 1.531 billion ADA in volume with aggressive spikes visible in recent charts. This explosion aligns with broader crypto market trends, where Bitcoin (BTC) dominance pressures altcoins, yet ADA trading volume defies the odds, hinting at renewed institutional interest in Cardano ecosystem growth.

Zooming into the 4-hour chart, ADA trades at $0.25 right on the confluence of its EMA50 and EMA200 levels, both pinned at $0.25, signaling a rock-solid bullish trend structure reinforced by a fresh MACD golden cross at 0.0. RSI sits neutral at 57.67, avoiding overbought territory, while the price hugs the upper Bollinger Band resistance at $0.25 with support lurking just below at $0.24—expect some volatility exhaustion here before buyers pile in for a push higher, especially if Cardano price prediction models hold amid this perps frenzy.