ADA Surges 2.93% as Cardano Hits Record $1.77B Open Interest and Launches Voltaire Governance

Cardano (ADAUSDT) has seen a 2.93% price increase over the past 24 hours, currently trading at $0.9558 on Binance. The price surge is primarily attributed to record-high open interest in derivatives ($1.77 billion), increased institutional attention following Grayscale's Cardano Trust ETF registration, and heightened network activity driven by the recent "Glacier Drop" airdrop and the approval of a $71 million treasury allocation for protocol upgrades. Cardano's ecosystem expansion to over 2,000 active projects and its entry into the Voltaire era with new governance features have further supported bullish sentiment. The asset remains among the top 10 cryptocurrencies by market capitalization, with robust trading volume and strong weekly performance.