ADA Token Surges 11.39% to $0.6935 on Binance as Trading Volume Hits $1.17 Billion

Cardano (ADAUSDT) has experienced a strong price surge in the last 24 hours, rising 11.39% to $0.6935 on Binance, driven by increased market optimism following Bitcoin’s new all-time high and significant liquidations of short positions. The bullish momentum is supported by a notable rise in trading volume—reaching up to $1.17 billion—and a spike in open interest, indicating heightened investor engagement and confidence. ADA’s market capitalization has climbed to approximately $24.67 billion, with the asset outperforming the broader crypto market in the short term as technical indicators and positive sentiment point to continued upward movement.