- The price of ADA is up by 2% in the last 24 hours.
- Cardano has moved between $0.059972 and $0.062699.
- ADA has gained 11.46% in the last 7 days.
Cardano news today – The digital asset market is still enjoying the bull run to an extent. Even though some coins have bottomed, the ADA digital currency has continued to impress since the new year. The price of Cardano rose past the $0.061028 area at the beginning of trade today. The coin’s price was changing hands at the $0.061028 area at press time. According to data given by CoinMarketCap, the price of Cardano is up by 2.00% in the last 24 hours of trade. This 2% gain was the biggest one-day percentage rise for the digital asset since February 5, 2020.
How did Cardano’s Recent Price Action Affect its Market Cap?
The digital asset moved over the $0.061028 area. This move upwards helps to push Cardano’s total market capitalization to $1.57803 billion which makes up about 0.56% of the entire crypto market cap. What about Cardano’s movement in the last seven days? The charts show that at its highest point, the total market cap of Cardano reached $23.91700 billion. This rise was a high point for the digital currency. The price of Cardano had initially traded within the ranges of $0.059972 and $0.062699 in the past 24 hours.
Cardano ADA’s Value has Gained an Impressive 11% in the Last Seven Days
In the last seven days, the price of Cardano has risen by 11.46% in value. The overall volume of Cardano was at $145.20282 after trade in the twenty-four hours. The price of the digital currency has also traded within the range of $0.0532 and $0.0627 in the last seven days. All the while staying bullish with the rest of the market. At Cardano’s current price position, the ADA price is down by 95.48% from the all-time high point it attained on January 4, 2018. that price was $1.35.
Cardano News Today – Recall that it was reported that after Cardano’s Shelley mainnet has been released, the team will shift their focus to the new Goguen protocol which has been described as the next’s next iteration. The Shelley mainnet will decentralize Cardano’s core by introducing staking. While the Goguen solution will allow ADA users to make decentralized applications on the Cardano Blockchain.
Cardano (ADA) Price Today – ADA / USD
Efforts to improve multi-asset identity, management, oracles, development experiences, channels handling metadata that passes through transactions, are all underway, according to Hoskinson Cardano’s Chief. Hoskinson noted that the work that his team has put into the Shelley mainnet has been in parallel to what’s being done on Goguen. These announcements have helped the coin’s price.