ADA Price Eyes $5 as Accumulation and Stablecoin Growth Strengthen Outlook

Cardano (ADA) has rebounded from its long-term accumulation zone, facing resistance ahead while attempting a macro recovery for the ADA price. Meanwhile, its ecosystem sees growing demand for dollar-pegged assets, driven by expanding stablecoin market capitalization and deeper liquidity supporting decentralized finance applications. At the time of writing, ADA is trading at $0.2230 with a 24-hour…