ADA Surges 2.32% as Large Holders Accumulate 80 Million Tokens, Futures Open Interest Hits $1.44B

Cardano (ADAUSDT) experienced a 2.32% price increase over the last 24 hours, rising from a 24h open of $0.7989 to $0.8174 on Binance. The price change is primarily attributed to significant accumulation by large holders, with over 80 million ADA acquired within a 48-hour period, and continued bullish momentum supported by technical indicators such as a bullish MACD crossover and an RSI of 61. Increased open interest in Cardano futures, reaching $1.44 billion, and sustained trading activity—over $115 million in ADA/USDT volume on Binance—have further contributed to positive sentiment. Cardano’s market capitalization stands at approximately $29.59 billion, with a 24-hour trading volume of $1.31 billion and a circulating supply of 36 billion ADA, reflecting strong market activity and a notable weekly price gain of over 10%.