Cardano sees a huge increase in the number of new wallets online. The constant growth of new consumers means greater decentralization. Over 55 percent of the portfolios in the network have delegated all their funds to staking pools, marking an important stage in the network's path to full decentralization.
That is actually what the "flip" of cardano was, that is really something huge and it is not even talked a lot, it should be talked a lot more everywhere, I do not even see any topics about ADA passing that 50% mark on pools. In any case, we obviously have seen a huge increase in price of ADA and that means people do realize how awesome it is, just because we do not talk about it too much doesn't mean that we are not aware of it, we just lack the discussions but when it comes to buying people do buy ada a whole lot.
As long as we realize this potential, and decentralization, and all the improvements made on ADA, there is no reason why it would stop. It is already 5th in the rankings, it wasn't anywhere near these levels just a few months ago, so the increase is basically how market said to team "good job" and now we have to wait for the price to either go higher or at least settle a bit.