ADA Surges 2.43% as 170 Million Tokens Accumulated and $900M Moved to Cold Storage

Cardano (ADAUSDT) is currently trading at 0.7446 on Binance, reflecting a 2.43% increase over the past 24 hours from an open of 0.7269. The recent price uptick is attributed to strong accumulation by large holders, as on-chain data shows over 170 million ADA accumulated and more than $900 million ADA moved to cold storage, signaling increased investor confidence. Additional support comes from Cardano’s robust treasury holdings and positive sentiment around passive income options for ADA holders. Market activity remains high, with a 24-hour trading volume between $1.15 billion and $1.48 billion, and the price fluctuating between $0.71 and $0.77. Traders are closely monitoring resistance near $0.76 and support at $0.72, as broader market developments, including upcoming U.S. regulatory discussions, continue to influence sentiment and volatility.