ADA Token Jumps 4% as Binance Soft Staking, ETF Buzz, and U.S. Crypto Legislation Drive Surge

ADAUSDT has experienced a 4.09% price increase over the past 24 hours, rising from 0.7800 to 0.8119 on Binance, with trading volume surging significantly. The price change is attributed to heightened investor interest following the launch of Binance’s Soft Staking campaign for ADA holders, which offers daily rewards and a promotional pool, as well as increased speculation around a potential Cardano ETF and positive sentiment from recent legislative developments in the U.S. House of Representatives regarding cryptocurrency regulation. Cardano’s trading activity remains robust, with a 24-hour volume exceeding $2.25 billion and the price fluctuating between $0.7420 and $0.8239, reflecting both strong investor confidence and ongoing market volatility.