ADA Surges 6.78% as Whale Accumulation and Golden Cross Propel Cardano to New Highs

Cardano (ADAUSDT) has experienced a notable price increase of 6.78% over the last 24 hours, with the current price on Binance at $0.7336. This upward movement is primarily attributed to strong whale accumulation, with large holders acquiring over 120 million ADA in the past two weeks, and the achievement of a key technical milestone—Cardano’s first-ever weekly "golden cross"—which has signaled bullish sentiment among investors. Additional factors contributing to the positive momentum include increased trading volume, recent network developments such as the Plomin Hard Fork aimed at further decentralization, and overall strength in the broader cryptocurrency market, particularly following Bitcoin’s performance. The 24-hour trading volume has surged to between $2.35 billion and $2.94 billion, and Cardano’s market capitalization now stands between $25.12 billion and $26.59 billion, ranking it among the top cryptocurrencies by market cap.