Cardano is trading above $0.270 on Tuesday, extending its recent gains after rising more than 4% at the beginning of the week.
The recovery has pushed $ADA above its major daily moving averages, while stronger derivatives participation provides additional evidence of market interest.
Attention is also turning to Cardano’s Node Diversity Celebration Day in Singapore, a side event being held ahead of TOKEN2049. The event highlights efforts to broaden the network’s node ecosystem and improve decentralization, security, and resilience.
