Cardano Derivatives Volume Jumps 10,654% as CME Eyes ADA Futures Listing

Cardano's ADA saw derivatives volume on Bitmex spike 10,654% overnight, with more than $40.04 million traded as the weekend began. The move comes as CME Group plans to list Cardano futures pending regulatory approval, drawing traditional finance attention and fueling bullish price projections toward the $0.70 support zone and potentially $1.25 and $2 targets. Technical indicators such as RSI and MACD are being watched closely as traders assess whether this surge in leveraged interest can trigger a major breakout from a year-long descending channel.