ADA Surges 2.2% as Cardano Proposes 140M ADA Treasury Move and DeFi Innovations Ignite Market

ADAUSDT has risen 2.20% over the past 24 hours, currently trading at $0.6452 on Binance after opening at $0.6313. The price increase is primarily attributed to strong ecosystem developments, including Cardano founder Charles Hoskinson’s proposal to allocate 140 million ADA from the treasury to acquire Bitcoin and Cardano-based stablecoins, which has sparked active community discussion and highlighted Cardano’s commitment to DeFi growth. Additional momentum comes from the network surpassing 1.3 million staking addresses, increased whale accumulation, and the announcement of new interoperability and DeFi initiatives such as the “Full XRP package” and upcoming stablecoin launches. ADA remains actively traded with robust on-chain participation, and market sentiment is focused on sustained ecosystem expansion and the potential for further price appreciation.