Cardano Surges 9.5% as Foundation Joins Mastercard's Crypto Partner Program

The Cardano Foundation has joined Mastercard's Crypto Partner Program to collaborate on cross-border payments, business transactions, and stablecoin settlements.

This partnership, announced in September 2026, has led to a surge in demand for Cardano (ADA), with the price increasing by around 9.54% today.

The ADA/USD pair is trading above its major moving averages, including the 20-day, 50-day, and 200-day moving averages, indicating bullish momentum.

The current price of ADA is $0.243, with a short-term ceiling at $0.264 and a floor at $0.235.