ADA Surges 4.78% After Plomin Hard Fork, High Volumes Push Cardano Past $0.70 Resistance

Cardano (ADAUSDT) experienced notable volatility over the past 24 hours, with its price rising by 4.78% to $0.7403 on Binance. The recent price increase is attributed to continued positive sentiment following network upgrades such as the Plomin hard fork, strong technical indicators like the weekly golden cross, and alignment with a broader crypto market rally led by Bitcoin. After surpassing the $0.70 resistance level, ADA saw increased trading activity and some profit-taking, resulting in brief intraday corrections. The asset remains in focus as it navigates key resistance levels, with high trading volumes exceeding $1.16 billion and a market capitalization around $26 billion, ranking it among the top cryptocurrencies by market cap.