Cardano's ADA is surging bullishly, skyrocketing over 21% in 24 hours to reach $0.75, a level unseen since March. With a weekly gain approaching 70%, ADA's market cap now surpasses $26.5 billion, bolstered by a 24-hour trading volume of around $5.8 billion.

Source: Coingecko

Behind the Surge

Charles Hoskinson's recent enigmatic statements appear to be the catalyst for this growth. In a video shared on YouTube, Cardano's founder disclosed his visit to SpaceX for a meeting with Elon Musk's team.

Although the discussions remain confidential due to a Non-Disclosure Agreement (NDA), Hoskinson hinted at substantial developments that ignited excitement within the Cardano community.

The buzz follows a similar spike last week when Hoskinson expressed interest in collaborating with the Trump administration to establish crypto-friendly policies. The anticipation surrounding Cardano's ecosystem's growth continues to attract attention.

Hoskinson further fueled community optimism by hailing Cardano's network of entrepreneurs and developers as "the best community." This combination of speculation and faith in the project seems to be driving ADA's momentum as investors eagerly await further announcements.