Cardano’s ADA token rose 11.38% over the past 24 hours to $0.2282 at 21:54 GMT on Friday, marking its largest single-day gain since August 21, according to Investing.com data.
The surge lifted ADA’s market capitalization to $8.39 billion, accounting for 0.32% of the total cryptocurrency market cap. Trading volume reached $1.17 billion over the same period, representing 0.68% of all crypto transactions. ADA’s price fluctuated between $0.2260 and $0.2306 during the session.
Over the past seven days, ADA has advanced 27.65%, with intraday lows at $0.1715 and highs at $0.2330. The token remains 92.64% below its all-time high of $3.10, set on September 2, 2021.
The broader cryptocurrency market also posted gains. Bitcoin climbed 5.62% to $77,887.70, while Ethereum rose 7.48% to $2,518.31. Bitcoin’s market cap expanded to $1.56 trillion, holding a 59.33% share of the crypto market, while Ethereum’s market cap reached $302.93 billion, representing 11.49% of the sector.
The rally follows a period of subdued trading, with ADA’s recent performance reflecting renewed investor interest amid shifting market sentiment.
