Cardano Jumps 10% in Strong Monday Rally

Cardano surged by 10.11% on Monday, reaching a price of $0.2678 by 22:15 GMT. This marked its largest single-day percentage gain since September 18, pushing its market capitalization to $9.6966 billion, or 0.33% of the total cryptocurrency market cap. At its peak, Cardano’s market cap had once reached $94.8001 billion.

Over the past 24 hours, Cardano traded within a range of $0.2579 to $0.2678, while its seven-day performance showed a 3.32% increase. Trading volume over the past day amounted to $759.8381 million, representing 1.53% of the total crypto trading volume. Its price range over the week stretched from $0.2372 to $0.2678.

Despite the recent rally, Cardano remains significantly down from its all-time high of $3.10, set on September 2, 2021, with a current decline of 91.36%. Other major cryptocurrencies also saw gains, with Bitcoin rising 2.22% to $86,684.0 and Ethereum climbing 1.52% to $2,733.53.