Cardano was trading at $0.4892 by 18:43 (23:43 GMT) on the Investing.com Index on Saturday, up 10.16% on the day. It was the largest one-day percentage gain since November 9.
The move upwards pushed Cardano's market cap up to $16.9450B, or 0.64% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $0.4275 to $0.4893 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 39.56%. The volume of Cardano traded in the twenty-four hours to time of writing was $664.9478M or 0.66% of the total volume of all cryptocurrencies. It has traded in a range of $0.3206 to $0.4893 in the past 7 days.
At its current price, Cardano is still down 84.21% from its all-time high of $3.10 set on September 2, 2021. Elsewhere in cryptocurrency trading
Bitcoin was last at $76,898.1 on the Investing.com Index, up 0.50% on the day.
Ethereum was trading at $3,144.78 on the Investing.com Index, a gain of 6.19%.
Bitcoin's market cap was last at $1,520.2341B or 57.61% of the total cryptocurrency market cap, while Ethereum's market cap totaled $379.1064B or 14.37% of the total cryptocurrency market value.
Source: Investing.com