ADA Surges 5.34% as Cardano Ecosystem Gains Momentum, Trading Volume Hits $2.65 Billion

Cardano (ADAUSDT) has seen a 5.34% price increase over the past 24 hours, currently trading at 0.8916 on Binance. This upward movement is primarily attributed to positive developments within the Cardano ecosystem, including the announcement of an upcoming audit report release by Cardano's founder, increased transparency efforts, and heightened investor confidence reflected in record-high open interest and trading volumes. Additional support comes from broader market optimism driven by progress in U.S. cryptocurrency legislation and speculation around a potential Cardano ETF. ADA's 24-hour trading volume remains strong, ranging from $2.37 billion to $2.65 billion, with a market capitalization of approximately $31–32 billion, underscoring robust market activity and sustained interest in the asset.