Cardano (ADA) Climbs as Volume Surges Nearly 100% in 24 Hours
Cardano
$ADA is seeing renewed bullish momentum today, rising 2.09% over the past 24 hours as trading activity strengthens across major altcoins. The token’s market cap now sits at $15.24B, reflecting a steady 2.1% increase, supported by a significant jump in market participation. ADA’s 24-hour trading volume has surged to $642.66M, marking an impressive 95.42% increase, a clear sign that investor interest is returning to one of crypto’s most established blockchain networks.
Cardano currently has 35.9B ADA in circulation out of its 45B max supply, providing deep liquidity for traders while maintaining predictable tokenomics. The volume-to-market-cap ratio of 4.23% indicates healthy trading without excessive volatility, suggesting a more stable upward trend compared to recent weeks.
The renewed attention may stem from ongoing developments in Cardano’s scaling upgrades, ecosystem projects, and sustained growth in staking participation. As the broader market reacts positively to improved sentiment, ADA appears to be benefiting from stronger investor confidence and increased traction among long-term holders.
If trading volume continues to rise at this pace, Cardano could see further upward pressure, positioning ADA as a standout performer among large-cap cryptocurrencies in the near term.
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