ADA Surges 5% as Cardano Hits $30B Market Cap, Fueled by DeFi Partnerships and ETF Interest

Cardano (ADA) has seen a notable price increase in the past 24 hours, rising 5.14% to $0.8902 on Binance, driven by renewed bullish sentiment following its market capitalization reclaiming the $30 billion mark and positive technical indicators such as a MACD bullish crossover. The surge is further supported by recent collaborations with Chainlink and Aave to expand Cardano’s DeFi ecosystem, anticipation of the Ouroboros Leios upgrade for improved scalability, record stablecoin transaction volumes, and heightened institutional interest highlighted by Grayscale’s ETF filing. ADAUSDT is currently trading at $0.8902 with a 24-hour trading volume approaching $2 billion, reflecting increased network activity and strong market momentum.