ADA Token Surges 5.86% on Whale Accumulation and Binance Soft Staking Launch

ADAUSDT experienced a notable 5.86% price increase in the past 24 hours, rising from 0.5954 to 0.6303 USDT on Binance. This upward movement is attributed to renewed optimism in the altcoin sector, increased whale accumulation of over 120 million ADA in recent weeks, and positive sentiment following Binance’s launch of Soft Staking for ADA, which allows users to earn daily rewards without locking assets. Additional contributing factors include growing speculation around a potential ADA ETF, recent network upgrades, and anticipation of a broader altcoin rally in Q3 2025.

Currently, ADAUSDT is trading at 0.6303 with significant 24-hour trading volume and a market capitalization estimated between $20.40 billion and $22.49 billion, placing Cardano among the top-ranked cryptocurrencies by market cap. The asset has shown strong relative performance compared to other top cryptocurrencies, supported by increased trading activity and market interest.