ADA Surges 5.24% as Cardano Outpaces Market, Hits Golden Cross and Eyes Summit 2025

Cardano (ADAUSDT) has experienced a 5.24% price increase over the past 24 hours, currently trading at 0.7649 on Binance. This upward movement is primarily attributed to renewed bullish sentiment in the broader cryptocurrency market, driven by Bitcoin's surge past $118,000, increased institutional and whale accumulation of ADA, and anticipation surrounding the upcoming Cardano Summit 2025, which is expected to deliver key ecosystem updates. Additional positive factors include the recent achievement of Cardano’s first weekly golden cross and ongoing network growth, with over 2,000 projects now building on the platform.

Market activity has intensified, with 24-hour trading volumes rising sharply between $1.5 billion and $2.8 billion and ADA’s market capitalization standing at approximately $26–27 billion. Cardano has outperformed the global crypto market over the past week, gaining over 28%, and continues to attract attention due to its technical developments and expanding ecosystem.