ADA Surges 2.35% as Cardano Eyes Leios Upgrade and Staking Hits 1.3 Million Addresses

Cardano (ADA) has experienced a 2.35% price increase over the past 24 hours, rising from a 24h open of $0.5228 to a current price of $0.5351 on Binance. This upward movement is primarily attributed to renewed market interest following recent volatility, as ADA rebounded from intraday lows near $0.516 amid heavy trading volume. The price recovery is supported by optimism surrounding the upcoming Cardano mainnet Leios upgrade and continued high network participation, including over 1.3 million staking addresses. However, the broader market context remains cautious due to recent breaks of key support levels and ongoing macroeconomic uncertainties. ADA is trading with elevated volume and volatility, with the $0.50–$0.52 support range remaining a critical technical zone for short-term direction.