ADA Surges 5.27% as Whale Activity and Binance Staking Boost Market Momentum
ADAUSDT has experienced a 5.27% price increase over the past 24 hours, rising from 0.5884 to 0.6194 on Binance. This upward movement is attributed to renewed interest from large investors ("whales"), technical breakouts above key resistance levels, and positive sentiment generated by ADA's inclusion in Binance's Soft Staking program and its feature in the platform's 8th anniversary event. Additional market drivers include heightened trading activity amid broader industry developments, such as the upcoming "Crypto Week" in the U.S. House and increased altcoin trading volumes. Currently, Cardano (ADA) maintains a strong position in the top 10 cryptocurrencies, with a circulating supply of approximately 35–36 billion coins and a 24-hour trading volume ranging from $514.81 million to $810.59 million, reflecting robust market engagement.