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Cardano (ADA) staged a solid rebound in the last 24 hours, rising by over 8.50% to reach $0.363 on Nov. 2. In doing so, it outperformed the broader crypto market, which rose by a little over 1% in the same period. ADA’s gains largely coincided with the conclusion of the fourth annual Cardano Summit 2024 in Dubai. Furthermore, they surfaced alongside the latest United States jobs data showing a low unemployment rate in October. Cardano Summit boosts ADA price upsideADA’s rally today likely stemmed from the positive sentiment surrounding several key developments and announcements made at the 202…

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