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Cardano experienced a significant surge, climbing 10.34% to trade at $1.1713 by 06:52 (01:22 GMT) on Monday, according to the Investing.com Index. This marks its largest single-day percentage gain since Friday, November 22, 2024.
With this upward momentum, Cardano’s market capitalization reached $40.63 billion, accounting for 1.17% of the entire cryptocurrency market cap. Although impressive, it’s still a far cry from its all-time high market cap of $94.80 billion.
Over the past 24 hours, Cardano fluctuated between $1.1312 and $1.1713. Over the last week, it posted a notable 16.89% gain, trading within a range of $0.8772 to $1.1713. Despite the recent rise, Cardano remains 62.2% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in Crypto Trading:
- Bitcoin was last recorded at $97,823.3, marking a 1.26% increase.
- Ethereum traded at $3,721.37, up by 0.44%.
Bitcoin’s market cap stood at $1.93 trillion, representing 55.41% of the total crypto market, while Ethereum’s market cap was $446.73 billion, or 12.81% of the total market value.
