ADA Surges 3.68% as Whale Accumulation and Exchange Withdrawals Signal Bullish Momentum

Cardano (ADAUSDT) has experienced a 3.68% price increase over the last 24 hours, currently trading at $0.8359 on Binance. This upward movement is primarily attributed to increased whale accumulation and notable ADA withdrawals from exchanges, signaling changes in supply dynamics and heightened investor interest. Additionally, a significant rise in trading volumes and early signs of a bullish reversal after testing key support levels have contributed to positive price momentum. The current market capitalization stands at approximately $30.39 billion, with a 24-hour trading volume of $1.49–$1.55 billion and a circulating supply of around 36 billion ADA. Despite a recent weekly decline, ADA is showing short-term strength as buyers step in near support levels. No new protocol updates or major partnerships have been reported in the past week.