ADA Surges 2.43% as Nasdaq Listing and New Interoperability Moves Boost Market Confidence

In the last 24 hours, ADA's price increase of approximately 2.43% can be attributed primarily to two major developments: the announcement of Cardano's inclusion in Nasdaq's Crypto Index, and interoperability initiatives revealed by Cardano founder Charles Hoskinson. These initiatives include upcoming XRP support for the Lace wallet and the launch of a new Bitcoin DeFi protocol, both of which have positioned Cardano as a key player in cross-chain functionality and driven positive sentiment in the market.

Currently, ADA is trading at $0.7008 on Binance, with a 24-hour trading volume of approximately $525.5 million and a market capitalization of around $26.45 billion. The token has shown strong activity, testing resistance near $0.71 and maintaining its position as one of the leading cryptocurrencies by market cap.