ADA Surges 2.81% as $71M Treasury Upgrade and Midnight Airdrop Ignite Cardano Momentum

Cardano (ADAUSDT) experienced a 2.81% price increase in the last 24 hours, rising from 0.7945 to 0.8168 on Binance. This upward movement is primarily attributed to the Cardano community's approval of a $71 million treasury allocation for upgrades to Hydra and Acropolis, increased network activity, and the ongoing Midnight (NIGHT) token airdrop, which has boosted investor sentiment and engagement. Trading volume remains robust, with over $1 billion exchanged in the past 24 hours, and ADA's market capitalization is approximately $29 billion. The asset has shown strong weekly and monthly performance, supported by positive technical indicators and active participation from the Cardano ecosystem.