ADA Surges 2.83% as Cardano Eyes Chang Hard Fork, Voltaire Era, and ETF Speculation

Cardano (ADA) has experienced a notable price increase in the last 24 hours, rising 2.83% to $0.8889 on Binance. This upward movement is primarily attributed to heightened market optimism following recent announcements from Cardano founder Charles Hoskinson about an upcoming "game-changing" release in August, as well as anticipation surrounding the Chang Hard Fork and the Voltaire Era. Additional factors include a surge in trading volume—up over 95% in the past day—driven by increased on-chain activity and speculation about a potential Cardano ETF, alongside positive developments in U.S. crypto legislation.

Currently, ADA is trading between $0.89 and $0.91 with a 24-hour volume of $2.41 billion to $2.62 billion and a market capitalization of approximately $31.89 billion to $33.10 billion, reflecting strong bullish sentiment and positioning Cardano among the top 10 cryptocurrencies by market cap.