ADA Slides 4.64% After Nasdaq Crypto Index Debut, Trading Volume Surges 68% Amid Market Pullback

Cardano (ADA) experienced a 4.64% price decline over the past 24 hours, with the current price at $0.6862 on Binance, opening at $0.7196. This drop follows a surge in trading volume—up 68%—triggered by ADA’s recent inclusion in the Nasdaq Crypto Index, which initially boosted visibility and attracted speculative trading. However, subsequent profit-taking and a broader 2.5% decline in the overall crypto market contributed to ADA’s pullback from its recent highs. Despite the volatility, ADA remains one of the top 10 cryptocurrencies by market capitalization, with significant activity concentrated around the $0.70 support level. Trading volumes remain elevated, reflecting sustained market interest following recent protocol developments and institutional recognition.