$ADA Cardano's ADA is currently trading around $0.636, after recently retesting a key support zone between $0.63–$0.632 for a potential bullish reversal . The main point of contention on Binance and within their community centers on ADA’s long‑standing classification as a non‑security. Input Output Global (IOG) maintains it doesn’t meet U.S. SEC security criteria, yet regulators continue to scrutinize ADA under securities laws . Meanwhile, whales have amassed over $120 million in ADA, hinting at institutional interest and possible ETF backing . Traders now watch closely: if ADA firmly holds $0.63, it could surge toward $0.70+.