<ul data-eligibleForWebStory="true">Cardano's ADA token is showing bullish momentum, with its price above $0.695 resistance, aiming for a breakout towards $0.80.Inclusion in the Nasdaq crypto index is boosting institutional interest in ADA.Cardano launches a reward program for long-term token holders to recognize their support.On-chain data and volume analysis indicate growing momentum behind ADA's recent rally.ADA's price recovery signals potential for further gains after forming higher lows.Institutional movements and ecosystem developments, such as ETF prospects, contribute to ADA's positive outlook.ADA's inclusion in the Nasdaq Crypto US Settlement Price Index highlights increasing institutional adoption.The ETF's potential expansion and a new ADA reward program are fostering community engagement and investor interest.Cardano's current price is at $0.7134 with a 24-hour trading volume exceeding $787 million.Bulls are eyeing the $0.80 milestone as ADA aims to maintain its position as a strong asset in the market.