ACA Jumps 8.99% as Cross Margin Listing Drives $48.5M Volume Surge and Market Outperformance

Acala Token (ACA) experienced an 8.99% price increase over the past 24 hours, rising from $0.0278 to $0.0303, with the surge primarily attributed to Binance adding ACA/USDT to Cross Margin trading. This listing led to a notable increase in trading volume and liquidity, as evidenced by over 240 million ACA and 6.7 million USDT traded, and a total 24-hour volume of $48.5 million. The heightened on-chain and exchange activity reflects strong market participation. ACA currently ranks 798th by market cap, operates within the Smart Contract Platform category, and is showing short-term outperformance compared to the broader market, which has recently turned bearish. No significant new developments or partnerships for ACA have been reported, but technical fundamentals remain unchanged, with Acala continuing to serve as a DeFi infrastructure platform on Polkadot.