GROWTH OF CARDANA
Cardano $ADAUSD has seen significant growth, with its price reaching $0.7196 on the Investing.com index, representing a10.03% increase for the day. This increase represents the largest one-day percentage appreciation since March 1. As a result, Cardano's market capitalization rose to $25.0707 billion, representing 1.08% of the total cryptocurrency market capitalization. However, the current market capitalization is significantly lower than Cardano's all-time high of $94.8001 billion. In the past week, Cardano has seen a positive trend as it has gained 20.98% in value. Cardano's 24-hour trading volume
$ADAUSD+1.4% was $896.3205 million, representing 0.84% of all cryptocurrency volume. Despite its recent gains, Cardano is still down 76.78% from its record high of $3.10, which it reached on September 2, 2021. In comparison, Bitcoin's price rose 2.11% to $62,457.5, while Ethereum's price increased 2.81% to $3,432.98. Bitcoin's market capitalisation accounted for 52.63% of the total cryptocurrency market capitalisation, while Ethereum's market capitalisation accounted for 17.71% of the total market value.
What do you think about this cryptocurrency and the overall development of cryptocurrencies in recent months?
