Coinbase's wrapped ADA (cbADA) reserve has surged by 462% over the past four months, now totaling 9.56 million ADA. This significant increase highlights Coinbase's commitment to supporting Cardano, as the exchange maintains a 1:1 backing policy with a total cbADA supply of 9.53 million tokens. The growth in cbADA reserves underscores the rising institutional interest in Cardano, as noted by Mintern, a Cardano-based decentralized exchange. The reserve doubled in just one month, reflecting the growing demand for ADA holders to access decentralized finance (DeFi) opportunities on Ethereum's Base network.