Cardano (ADA) has experienced a notable price surge in the past 24 hours, increasing from $0.6856 to above $0.72. This rally follows the formation of a golden cross on its daily chart, signaling potential for continued upward movement. The bullish signal suggests longer-term bullish momentum is gaining traction, attracting traders and investors alike. Trading volume for ADA has also surged by 49.17%, reaching $757.95 million, reflecting heightened confidence in the market. As of now, Cardano is priced at $0.7169, representing a 3.33% gain over the past 24 hours. The recent price jump coincides with a notable increase in trading activity and this technical development has analysts optimistic about ADA’s performance in the near future.