ADA Token Surges 13% on Binance as Whale Accumulation and Staking Programs Drive Momentum

Cardano (ADAUSDT) experienced a significant price increase of 13.03% over the past 24 hours, rising from 0.6324 to 0.7148 on Binance. This surge is primarily attributed to a combination of bullish market sentiment, technical breakouts above key resistance levels, and increased accumulation by large holders ("whales"). Positive news coverage, including optimistic price forecasts and Cardano’s inclusion in flexible staking programs such as Binance’s Soft Staking for ADA/USDT, has further supported investor interest. The broader crypto market’s risk-on environment, driven by Bitcoin’s new highs, has also contributed to ADA’s momentum. Trading volume for ADAUSDT has seen a substantial increase, reflecting heightened investor activity and solidifying Cardano’s position among the top cryptocurrencies by market capitalization.