ADA Surges 2.86% as Large Holders Accumulate 180M Tokens and Binance US Relists

In the past 24 hours, Cardano (ADA) has risen 2.86% on Binance, moving from a 24h open of $0.6776 to a current price of $0.6970. This price increase is attributed to renewed large-holder accumulation, with approximately 170–180 million ADA acquired by major investors in the past week, and the recent relisting of ADA on Binance US, which has improved accessibility for American traders and likely boosted market sentiment. Additional contributing factors include the successful completion of the first Bitcoin-to-Cardano transaction involving Ordinals, signaling enhanced interoperability and potential for increased cross-chain activity. ADA’s market capitalization stands at $23.89 billion with a 24-hour trading volume of $481.26 million, and the token is currently consolidating above key support levels, attracting close attention from traders amid ongoing volatility.