ADA Surges 6.82% as Nasdaq Index Inclusion and Cross-Chain Milestone Boost Investor Confidence

Cardano (ADA) experienced a 6.82% price increase over the past 24 hours, rising from a 24h open of $0.6579 to a current price of $0.7028 on Binance. This upward movement is primarily attributed to positive developments including ADA’s addition to the Nasdaq Crypto US Settlement Price Index and the proposed inclusion in the Hashdex Nasdaq Crypto Index ETF, both of which signal growing integration with traditional finance and have likely boosted investor confidence. Recent technical indicators show ADA holding key support levels and rebounding from recent volatility, while the successful execution of the first Bitcoin-to-Cardano transaction has generated optimism for future cross-chain activity. Market sentiment is neutral with a slight tilt towards greed, and ADA remains a high-liquidity, high-cap asset with moderate volatility and sustained trading interest.