No major news, just alt coins blowing up. The best reason I've seen is that whales are pulling out and investing heavily in alt coins, and ADA is the front-runner for the '3rd generation' of crypto. I don't see this crashing towards $0.10 or anything, but am still skeptical for a drop to $0.30 in the next week.
If it gets sub $0.40, I'll be in for sure.