Cardano was trading at $0.049048 by 02:05 (02:05 GMT) on Thursday, up 10.07% on the day. It was the largest one-day percentage gain since September 20.
The move upwards pushed Cardano’s market cap up to $1.25412B, or 0.83% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.
Cardano had traded in a range of $0.048007 to $0.049048 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 22.96%. The volume of Cardano traded in the twenty-four hours to time of writing was $31.91322M or 0.18% of the total volume of all cryptocurrencies. It has traded in a range of $0.0428 to $0.0649 in the past 7 days.
At its current price, Cardano is still down 96.37% from its all-time high of $1.35 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $4,689.3 up 5.31% on the day.
XRP was trading at $0.45364, a gain of 5.34%.
Bitcoin’s market cap was last at $80.47514B or 53.14% of the total cryptocurrency market cap, while XRP’s market cap totaled $18.07297B or 11.93% of the total cryptocurrency market value.