Cardano (ADA) Price Prediction: What to Expect in the Next 48 Hours

• ADA’s price has risen more than 6% over the last 24 hours according to CoinMarketCap.
• The positive CPI data resulted in a market-wide uproar in prices over the last 24 hours.
• ADA’s price may receive one more pump from the PPI data before dropping in the next 24–48 hours.

Cardano is a third-generation, decentralized proof-of-stake (PoS) blockchain platform designed to be a more efficient alternative to proof-of-work (PoW) networks. Scalability, interoperability, and sustainability on PoW networks like Bitcoin are limited in terms of scale because of the high amounts of energy they use as well as the slow transaction times.

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