ADA Dips 4.24% After Surge from Nasdaq Index and Binance US Relisting, Trading Volume Soars

Cardano’s ADA experienced a 4.24% decline over the past 24 hours, opening at $0.7239 and currently trading at $0.6932 on Binance. This price pullback follows a period of heightened volatility and profit-taking after ADA’s recent surge, which was driven by its inclusion in Nasdaq’s crypto index and the relisting on Binance US, both of which significantly boosted trading volumes and investor interest. The launch of the Cardinal protocol enabling cross-chain DeFi between Bitcoin and Cardano further contributed to positive sentiment and increased activity. Despite the recent correction, ADA maintains strong liquidity, with 24-hour trading volume at $726.98 million, a market capitalization of $24.5 billion, and a top-10 market rank, reflecting ongoing institutional and retail engagement.