ADA Surges 2.72% as $71M Treasury Fund and Glacier Airdrop Drive Cardano Momentum

Cardano (ADAUSDT) has experienced a 2.72% price increase in the last 24 hours, currently trading at 0.8111 USDT on Binance. This uptick is attributed to several positive developments, including the Cardano community's approval of a $71 million treasury fund for network upgrades, increased accumulation by large holders, and heightened development activity within the ecosystem. The ongoing Glacier Airdrop by the Midnight Foundation, which provides utility for ADA and XRP users, has also contributed to bullish sentiment. Cardano's market capitalization is approximately $28.17 billion, with a 24-hour trading volume of 116.56 million ADA (92.58 million USDT) on Binance, reflecting strong market engagement and resilience above key support levels.