$ADA
📊 Market Snapshot & Catalysts
Live Price: ~$0.707 (down ~3.7% on the day)
24‑Hour Range: ~$0.69–$0.742; volume robust at ~$1.6–2.7 B
Weekly Change: +21–23% – driven by bullish technicals and institutional accumulation
Key Drivers:
Weekly golden cross: 50-week MA has crossed above 200-week MA—a historically bullish signal .
Institutional interest: Whales accumulated ~120 M ADA; Grayscale added ADA to its smart-contract fund (~18.5%) .
Cardano Summit on July 15 is poised to introduce major updates (Hydra, Midnight, DeFi expansions) .