Cardano Achieves Significant Gains
This Wednesday, Cardano displayed a remarkable uptrend, trading at $0.9879 on the Investing.com Index at 01:18 (06:18 GMT). The cryptocurrency achieved a one-day increase of 10.12%, marking its largest percentage gain since December 9, 2024. This surge elevated Cardano’s market cap to $34.7952 billion, representing 1.83% of the total cryptocurrency market valuation. At its peak, Cardano’s market cap reached an impressive $94.8001 billion. Carnado drops this week : what you need to know.
Cardano Drops : Weekly Performance
Over the past week, Cardano experienced a robust 15.83% increase in value. The cryptocurrency traded between $0.9211 and $1.1509 during this period. Despite these gains, Cardano remains 68.12% below its all-time high of $3.10, reached on September 2, 2021. In the last 24 hours alone, Cardano’s trading volume amounted to $2.4515 billion, accounting for 1.03% of total cryptocurrency trades. Will it follows it’s last increase ?
Broader Cryptocurrency Trends
While Cardano surged, other major cryptocurrencies faced setbacks. Bitcoin, the largest cryptocurrency by market cap, dropped 5.40%, trading at $96,328.1. Ethereum also declined by 8.98%, trading at $3,342.90. Bitcoin maintained its dominance with a market cap of $1,911.2494 billion, accounting for 100.33% of the total cryptocurrency market value. Ethereum held a significant market cap of $403.7031 billion, representing 21.19% of the total.
