ADA Surges 2.96% After Nasdaq Crypto Index Inclusion and Interoperability Announcements Boost Visibility
Cardano's ADA has experienced a 2.96% price increase over the past 24 hours, currently trading at $0.7057 on Binance, with a 24h open of $0.6854. The primary drivers of this price movement are ADA's recent inclusion in Nasdaq's Crypto Index, which has significantly boosted investor visibility and trading activity, and major interoperability announcements by Charles Hoskinson, including upcoming XRP support for the Lace wallet and a new Bitcoin DeFi protocol. These developments have led to a notable surge in trading volume and positive sentiment, positioning Cardano as a key player in cross-chain interoperability. ADA's market capitalization stands at approximately $17.44 billion, ranking it 10th among cryptocurrencies, with strong technical support observed near the $0.70 level and heightened market activity reflecting broader positive trends in the crypto sector.