Investing.com - Cardano was trading at $1.2600 by 07:35 (12:35 GMT) on the Investing.com Index on Wednesday, up 10.21% on the day. It was the largest one-day percentage gain since December 23, 2021.
The move upwards pushed Cardano's market cap up to $42.0525B, or 2.06% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $1.1862 to $1.2600 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 5.45%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.3498B or 1.47% of the total volume of all cryptocurrencies. It has traded in a range of $1.0727 to $1.2965 in the past 7 days.
At its current price, Cardano is still down 59.34% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $43,278.1 on the Investing.com Index, up 3.48% on the day.
Ethereum was trading at $3,324.89 on the Investing.com Index, a gain of 6.50%.
Bitcoin's market cap was last at $816.1488B or 39.98% of the total cryptocurrency market cap, while Ethereum's market cap totaled $392.2584B or 19.21% of the total cryptocurrency market value.