Cardano (ADA) has soared past the $1 mark for the first time in months, with a remarkable gain of over 20% in the last 24 hours. The price jumped from $0.8454 to $1.01, signaling a robust bullish momentum following an extended downtrend. This breakout piques the interest of investors, raising questions on whether the $3 level is now within reach for Cardano. Market analysts suggest that if this momentum continues, ADA could see substantial gains, introducing renewed confidence among investors and traders alike. The community is abuzz with speculation as they await the next price movements for this altcoin.