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Cardano Soars 10.26% as Cryptocurrency Market Sees Broad Gains

Guavy AI Editorial Team
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Cardano's price surged by 10.26% on Thursday, making it the largest one-day percentage gain since August 21. The cryptocurrency's market capitalization reached $7.8471B, accounting for 0.29% of the total cryptocurrency market cap.

This significant increase pushed Cardano's market capitalization to its highest point at $94.8001B. However, it is still down 93.05% from its all-time high of $3.10 set on September 2, 2021.

The move upwards was not an isolated event, as other major cryptocurrencies also saw gains. Bitcoin and Ethereum rose by 4.23% and 3.28%, respectively.

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