ADA Token Surges 3% After $71 Million Network Upgrade Boosts Trading Volume and Investor Confidence
ADAUSDT has experienced a notable price increase of 3.07% over the past 24 hours, currently trading at $0.8129 on Binance. This upward movement is primarily attributed to heightened investor confidence following the approval of a $71 million network upgrade package, which has driven increased network activity, higher open interest, and a surge in trading volume. Technical indicators remain largely bullish, with ADA trading above major moving averages and maintaining strong buying pressure. In the last 24 hours, Cardano's price has ranged from $0.74 to $0.82, with a reported trading volume around $1.20 billion and a market capitalization near $29.50 billion, reflecting continued positive momentum in the broader cryptocurrency market.