ADA Surges 5.47% After BinanceUS Relisting and Nasdaq Index Proposal Boost Market Confidence

Cardano (ADA) is currently trading at $0.7059 on Binance, reflecting a 5.47% increase over the past 24 hours from an open of $0.6693. The primary drivers of this price appreciation include ADA’s relisting on BinanceUS, which has expanded access for U.S. traders and likely contributed to increased market activity and buying pressure. Additional positive sentiment stems from Nasdaq’s proposed rule change to the U.S. SEC, which could allow Cardano’s inclusion in a major digital asset benchmark index and potential ETF exposure, as well as recent technological advancements such as interoperability with Unreal Engine for game development. Over the last day, ADA’s trading volume reached $502.23 million, with a market capitalization of $23.66 billion and a circulating supply of approximately 35.27 billion ADA. Despite recent volatility and a 30-day decline, ADA maintains strong long-term growth, supported by robust network stability and ongoing ecosystem development.