ADA's bounce this time is something, wallet count is also rising. $0.2 is a threshold; if it breaks through, it might be a real recovery rather than a dead cat bounce.

CoinWorld News reports that Cardano’s price has risen by more than 32% over the past four days, adding 14,783 new non-empty ADA wallets. Cardano’s performance has outperformed most of the top 20 cryptocurrencies by market capitalization, which have weekly gains ranging from 1% to 18%. According to Santiment data, Cardano’s price has rebounded after last month’s panic sentiment, with the current price at $0.189, up 37% from its low of $0.138 on June 25. If holder growth continues, and ADA breaks above $0.20, Cardano could show signs that last month’s panic was closer to a sell-off rather than a crash.