ADA Token Sees 4.1% Pullback After Rally, Trading Volume Surges to $146.7M on Binance

Cardano (ADA/USDT) experienced a 4.10% price decline over the past 24 hours, opening at 0.7339 and currently trading at 0.7038 on Binance. The recent price volatility follows a sharp rally earlier in the week, driven by increased bullish sentiment, technical breakouts, and heightened trading activity, including significant short liquidations and speculation about an "alt-season." Positive developments such as new staking options on Binance and ongoing ecosystem support through hackathons and educational initiatives in Latin America have contributed to sustained interest, though profit-taking and market corrections have led to the current pullback. Trading volume remains high, with ADA/USDT seeing $146.7 million in volume on Binance and Cardano's market capitalization standing at approximately $25.4 billion.