Cardano Soars 12.53% in a Bullish Rally – Can It Sustain the Momentum?

  • Cardano surged 12.53% to $0.9666, marking its biggest one-day gain since March 2, 2025.
  • It has gained 32.91% over the past week, trading between $0.5813 and $1.1562.

Cardano (ADA) surged 12.53% on Monday, hitting $0.9666 by 10:27 AM (GMT), according to Investing.com. This was the biggest single-day jump since March 2, 2025. The rally boosted Cardano’s market cap to $33.67 billion, making up 1.13% of the entire cryptocurrency market.

Over the past 24 hours, ADA traded between $0.9283 and $1.1562, showing strong bullish momentum. The past week has been even more impressive, with ADA climbing 32.91%.

Trading Volume and Market Position

Cardano saw a massive trading volume of $11.91 billion in the last 24 hours, making up 5.33% of the total crypto market activity. The seven-day price range of ADA has been volatile, swinging between $0.5813 and $1.1562.

Despite the strong rally, Cardano still sits 68.81% below its all-time high of $3.10, which it reached on September 2, 2021. The question now is whether ADA can maintain this bullish trend or if a correction is looming.

Broader Market Trends

Cardano’s rise came alongside gains in Bitcoin and Ethereum. Bitcoin climbed 3.96% to reach $90,900.6, while Ethereum gained 2.96%, trading at $2,300.10.

Bitcoin remains dominant, holding a market cap of $1.78 trillion, making up 60.13% of the total crypto market. Ethereum follows with a market cap of $275.20 billion, accounting for 9.27%.

What’s Next for Cardano?

The recent rally shows growing confidence in ADA, but key resistance levels lie ahead. If it breaks past $1.15, further upside potential could emerge. However, if selling pressure builds, ADA may retrace towards the $0.90 support zone.

Traders and investors will closely watch Cardano’s next moves, as volatility remains high in the crypto space. Will ADA continue its bullish streak, or is a pullback around the corner? The coming days will be crucial.

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