Cardano Surges 13.94% Amid Market Rebound, Bitcoin Nears $86K

Cardano (ADA) soared 13.94% to $0.7236 by 10:26 (15:26 GMT) on Sunday, marking its biggest one-day gain since November 22, 2024. The rally pushed Cardano’s market cap to $22.81 billion, representing 0.81% of the total cryptocurrency market. Despite this surge, ADA remains 76.65% below its all-time high of $3.10 set on September 2, 2021.

In the past 24 hours, Cardano traded between $0.6450 and $0.7236, with a total volume of $557.16 million, accounting for 0.84% of the entire crypto market’s trading activity. Over the past week, ADA experienced a 16.04% decline, fluctuating between $0.5813 and $0.7773.

Meanwhile, Bitcoin (BTC) climbed 1.17% to $85,797.4, maintaining a dominant market cap of $1.69 trillion, or 60.08% of the total crypto market. Ethereum (ETH) rose 2.65% to $2,231.54, with a market cap of $265.84 billion, making up 9.45% of the crypto market.

Cardano’s recent price movement highlights growing investor interest despite recent losses, while Bitcoin and Ethereum continue to reinforce their stronghold in the market.