While most eyes are on familiar names like Cardano (ADA), a sleeper pick is exploding onto the scene, Mutuum Finance (MUTM).

The Cardano price jumped 9% in the last 24 hours amid altcoin season, but traders flock to this Bitcoin Layer 2 project.

Cardano jumps 4.45% as Open Interest climbs 14% to $2.14B. Analysts say ADA could hit $1.2 if bullish momentum and trading volume continue.