ADA Surges on Nasdaq Crypto Index Debut, Faces Volatility as $0.70 Support Level Tested

Cardano (ADA) experienced heightened volatility and trading activity over the past 24 hours, primarily driven by its official inclusion in the Nasdaq Crypto Index on June 11, 2025, which significantly boosted institutional visibility and market sentiment. This event initially led to a price rally, with ADA peaking at $0.72; however, subsequent profit-taking and market consolidation resulted in a pullback. As of the latest Binance data, ADA is trading at $0.6896, down 4.09% from a 24-hour open of $0.7190. Trading volume remains elevated, reflecting ongoing interest following recent developments, while the $0.70 level is being closely watched as a key psychological support. ADA maintains its position among the top ten cryptocurrencies by market capitalization, supported by continued ecosystem growth and increased exposure to traditional investors.