ADA Surges 2.47% as Cardano Treasury Hits $659M and Crypto Week Fuels Bullish Momentum
Cardano (ADAUSDT) has seen a 2.47% price increase over the past 24 hours, rising from a 24h open of 0.7356 to a current price of 0.7538 on Binance. This upward movement is attributed to strong trading volume, positive sentiment surrounding the upcoming "Crypto Week" in the U.S. Congress, and Bitcoin's recent gains, which have contributed to increased interest in altcoins. Additionally, Cardano's recent Financial Insights Report highlighting a $659 million treasury and ongoing technical analysis pointing to potential bullish breakouts have supported market optimism. ADA's market capitalization remains above $26 billion, with robust 24-hour trading volumes between $1.16 billion and $1.48 billion, reflecting sustained investor engagement and positioning Cardano as a leading smart contract platform.