ADA Surges 3.53% as $NIGHT Staking Rewards and Voltaire Upgrade Boost Cardano Momentum

Cardano (ADA) has experienced a 3.53% price increase over the past 24 hours, rising from a 24h open of $0.6259 to a current price of $0.6480 on Binance. This upward movement is likely attributed to the recent announcement of the $NIGHT rewards program for ADA stakers, which has generated renewed interest and optimism among investors. Additionally, the successful completion of the Plomin Hard Fork and the transition to the Voltaire autonomous governance phase have reinforced confidence in Cardano’s ongoing development and long-term prospects.

The market capitalization stands at approximately $24.02 billion, with ADA maintaining high liquidity and active trading volumes across major exchanges. ADA’s price has shown stability over the past week, consolidating above key support levels, while analysts remain bullish on the medium- to long-term outlook due to recent governance upgrades and staking incentives.