ADA Surges 3.59% as Blockchain.com DeFi Wallet Integration and $333M TVL Boost Market Momentum

Cardano (ADAUSDT) has experienced a 3.59% price increase over the past 24 hours, with the current price at 0.8329 USDT on Binance. The recent price appreciation is primarily attributed to the integration of Cardano into Blockchain.com's DeFi Wallet, which expands access to 37 million users and has been positively received by the Cardano community. Additional contributing factors include the launch of Soft Staking for ADA, allowing users to earn daily rewards without locking assets, and a notable rise in Cardano’s Total Value Locked in DeFi protocols to $333 million, reflecting increased on-chain activity. Open Interest in ADA derivatives also rose by 16.3% to $1.44 billion, indicating heightened market participation. Over the last 24 hours, ADA’s trading volume surged significantly, supporting the upward price movement and reflecting strong market momentum.