Cardano Soars 10% in Rally

Cardano was trading at $0.3709 as of 21:13 (01:13 GMT) on Tuesday, reflecting a notable increase of 10.06% for the day. This marks the largest single-day percentage gain for the cryptocurrency since January 10.

The surge in price boosted Cardano’s market capitalization to approximately $13.20 billion, which accounts for 0.63% of the entire cryptocurrency market cap. At its peak, Cardano’s market cap reached about $94.80 billion.

In the twenty-four hours leading up to this report, Cardano fluctuated between $0.3657 and $0.3709. However, over the week, it has experienced a decline of 9.17%. The trading volume for Cardano during the past twenty-four hours was around $490.23 million, representing 0.52% of the total trading volume for all cryptocurrencies. Over the past week, its trading range was between $0.3192 and $0.4230.

Currently, Cardano is down 88.03% from its all-time high of $3.10, which was recorded on September 2, 2021.

### In Other Cryptocurrency News

Bitcoin is currently valued at $57,183.80, showing an increase of 3.80% for the day. Meanwhile, Ethereum is trading at $3,063.42, up 6.11%.

Bitcoin’s market capitalization is approximately $1.12 trillion, making up 53.54% of the total cryptocurrency market cap, while Ethereum’s market cap stands at roughly $363.88 billion, representing 17.46% of the total market value for cryptocurrencies.