Cardano Surges as Broad Crypto Market Shows Signs of Recovery
The crypto market showed signs of recovery at the end of last week, with total capitalization stabilizing and participation broadening. Bitcoin maintained its dominance, holding near 58.8% of the total market share.
Among altcoins, Cardano (ADA) was a standout performer, advancing by about 18.68% over seven days. The TradingView Coinbase feed placed ADA near $0.1995 on Saturday. In contrast, Stellar (XLM) and Canton (CC) lost ground, with XLM down about 4.17% and CC falling to rank 21 behind Ethena USDe.
Hyperliquid (HYPE) held rather than advanced, trading near $54.87, up 3.65% on the week. While HYPE failed to reclaim its 20-day or 50-day averages, it showed resilience in a market with improving breadth.