Cardano (ADA) News Surges into the Crypto Spotlight as ADA's Price Touches $0.80

Observers attribute this rebound to multiple catalysts, including a fresh partnership with Globant a tech firm valued near $10 billion and founder Charles Hoskinson's upcoming VIP meeting.

Cardano (ADA) price skyrocketed by nearly 55% from its monthly lows, surging past the $0.80 price level. This surge in ADA’s price can be attributed to several key catalysts.

One major catalyst is Cardano’s recent partnership with Globant, a tech firm valued at nearly $10 billion. This partnership will see Globant build decentralized applications (dApps) on Cardano’s blockchain and collaborate on AI initiatives.

Another catalyst is the upcoming VIP meeting teased by Cardano founder Charles Hoskinson, which has sparked speculation about a potential high-profile collaboration. This meeting is scheduled for March 1, and several names have been mentioned, including Elon Musk or David Sacks.

However, while Cardano news dominated the headlines, another project called Remittix has quietly surpassed $12.2 million in its presale, capturing the attention of those seeking a platform to serve the unbanked.

Cardano price soared on Monday, March 1, surging nearly 55% from its monthly lows and breaking past the $0.80 price level. This surge in ADA’s price can be attributed to several key catalysts.

Cardano’s partnership with Globant continues to propel ADA’s market gains. The Argentinian tech giant will build dApps on Cardano’s blockchain and collaborate on AI initiatives. Fans also note that Cardano has signed an agreement with Globant developers. Boosters expect that if Globant successfully launches AI-powered dApps on Cardano, it could elevate ADA’s status among major enterprises. With Cardano news focusing on real-world partnerships, many see this deal as a turning point for ADA’s mainstream adoption.

Cardano founder Hoskinson teased a secret VIP meeting scheduled for March 1, speculating names like Elon Musk or David Sacks. This development has especially intrigued ADA Whales, large-scale investors who boost ADA prices whenever the project’s fundamentals strengthen. They interpret each partnership and tech upgrade as a clear signal of long-term value. Cardano news shifted to Hoskinson once again as he teased a VIP meeting with a➥high-profile collaboration in the pipeline. This meeting is scheduled for March 1, and several names have been mentioned, including Elon Musk or David Sacks. Skeptics, however, recall previous Hoskinson hints such as a rumored Chainlink deal that never fully materialized. But despite occasional missteps, ADA Whales remain steadfast in their optimism. They point to Cardano’s 100% uptime and affordable transaction costs, factors that could drive the token’s price toward $2 if the Elliott Wave pattern hits its bullish third phase. Whether the mystery VIP truly aligns with Cardano’s future or not, these whales see enough substance in existing partnerships to remain enthusiastic.

Priced at $0.0628, Remittix has raised over $12.2 million in presale funding, with more than 462 million tokens sold. The project merges crypto speed and everyday banking through a PayFi approach, helping users in underserved regions send crypto that arrives as fiat into bank accounts globally. For instance, a small business owner in Africa can effortlessly invoice a European client without high wire transfer fees or convoluted forex conversions. By lowering such barriers, Remittix hopes to capture the massive unbanked market—a demographic Cardano also targets with initiatives like its Africa programs. Remittix’s security measures, including locked liquidity and team tokens, bolster trust in the nascent platform. As it continues to hit presale milestones, some analysts believe Remittix could rival ADA, especially if Cardano’s real-world rollout lags behind its ambitious plans. Over time, the Remittix Pay API will allow merchants and freelancers to seamlessly accept crypto payments and settle in fiat. This user-centric model directly appeals to those frustrated by traditional finance’s slow cross-border transactions. If Remittix capitalizes on its remittance advantage, it might attract investors looking for an alternative to projects like Cardano, whose partnerships sometimes take years to fully unfold.