ADA trades at $0.2515, up 2.49%, breaking above all four EMAs as the 4h descending channel gives way. Banks at the Digital Asset Summit 2026 cited front-running and lack of privacy as reasons Ethereum and Solana fail institutional requirements, with speakers making the institutional case for Midnight directly: banks need privacy, compliance tooling, and protection from front-running. Midnight addresses this through programmable zero-knowledge privacy, where transactions are private where they need to be and provable where regulators require it, with the Mainnet launched at the end of March with Monument Bank already live for tokenized deposits. According to Satiment, the 100 million to 1 billion ADA cohort has increased total holdings from 2.40 billion to 2.55 billion ADA, representing the largest accumulation event among large holders in recent months.