Cardano Soars to $0.499, Marks Largest Gain Since Jan 2024
Cardano (ADA) surged quite strongly on Saturday, hitting $0.4837. That would amount to the highest percentage gain for the digital asset on any single day since Wednesday, Jan. 10, 2024. With that move,...
Cardano (ADA) surged quite strongly on Saturday, hitting $0.4837. That would amount to the highest percentage gain for the digital asset on any single day since Wednesday, Jan. 10, 2024. With that move, Cardano’s market cap reached $17.220 billion, though it remains far below its record of $94.8 billion.
On a day’s performance in the last 24 hours, Cardano is trading higher by 15.78%. Additionally, the 7-day data also shows that it is losing value by 4.58%. The 24-hour trading volume for Cardano is at $535.683 million, 2.16% of the total cryptocurrency trading volume.
Cardano’s weekly price fluctuated, ranging from $0.4240 to $0.4949. It has been down 84.56% since setting an all-time high of $3.10 on Thursday, September 2, 202.
In other cryptocurrency news, just hours after the much-hyped Bitcoin halving, Bitcoin traded at $63,661. The second-largest digital asset by market capitalization, Ethereum, has traded at $3,038 in the 24 hours.
Cardano recently jumped to $0.4837, its largest single-day rise since January 2024, highlighting its volatility and drawing investor interest. Despite this jump, ADA is still 84.56% below its September 2021 peak, highlighting the cryptocurrency market’s potential for both high risks and rewards.
Also Read: Cardano Leads Altcoin Surge Amidst Bitcoin’s Steady Performance.
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