ADA Surges 5.36% as Cardano Hits Weekly Golden Cross and Whales Accumulate 120 Million Tokens

Cardano (ADA) has experienced a notable price increase over the last 24 hours, with the ADAUSDT pair on Binance rising 5.36% to $0.7738. This upward movement is attributed to a combination of factors, including a broader positive trend across the cryptocurrency market, technical momentum following Cardano’s first-ever weekly golden cross on July 9, 2025, and significant accumulation by large holders ("whales") who reportedly purchased 120 million ADA in the weeks prior. Additionally, increased trading activity and anticipation around regulatory developments in the U.S. have contributed to heightened volatility and market interest.

Currently, ADA is trading at $0.7738 with a 24-hour trading volume exceeding $1.25 billion, reflecting robust market participation and positioning Cardano among the top cryptocurrencies by market capitalization, with a circulating supply of approximately 36 billion ADA.