Cardano surged 10.11% on Thursday, trading at $0.2083 in its sharpest one-day move since July 3. The rally lifted its market cap to $7.5614 billion, while 24-hour trading volume reached $506.0232 million. Even after the jump, Cardano remains 93.28% below its all-time high of $3.10, set in September 2021.
Cardano jumped 10.11% on Thursday, changing hands at $0.2083 by 11:41 a.m. (15:41 GMT) on the Investing.com Index. That marked the token's largest one-day percentage gain since July 3, according to the Investing.com Index's tracking data.
The rally pushed Cardano's market cap up to $7.5614 billion, equal to 0.34% of the total cryptocurrency market. At its highest point, Cardano's market cap has reached $94.8001 billion.
Cardano traded between $0.1864 and $0.2086 over the previous twenty-four hours, according to the Investing.com Index. Volume in that same period reached $506.0232 million, equal to 0.91% of the total crypto volume traded.
Meanwhile, over the past seven days Cardano gained 19.4%. During that seven-day stretch, the token traded in a range of $0.1667 to $0.2087, the same index showed.
Even with the advance, Cardano's price remains 93.28% below its all-time high of $3.10, a level the token last touched on September 2, 2021.
Elsewhere in crypto trading, Bitcoin was last at $64,771.8 on the Investing.com Index, up 0.61% on the day. Ethereum, meanwhile, traded at $1,916.79, a gain of 2.31% on the day.
Bitcoin's market cap stood at $1,298.7864 billion, or 58.90% of the total cryptocurrency market. Ethereum's market cap totaled $231.0132 billion, or 10.48% of the total cryptocurrency market value.
Source: Cryptocurrency News
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