Cardano (ADA) is continuing its strong bullish momentum, surging over 20% and overtaking Tether (USDT) and Stellar Lumens (XLM) in the global cryptocurrency market.
As of 19:50 UTC on Wednesday, ADA was trading 21.16% higher at $0.098. The rally helped the asset climb to the number eight spot on the CoinMarketCap cryptocurrency chart, with a market capitalization of $2.55 billion.
The boost for ADA came amid generally positve crypto market trend, with the price of Bitcoin (BTC) gaining more than 8% and jumping above the $5,000 level in Wednesday’s trading session. And although Tether and Stellar lost positions in the r...