In the past week, as most of the crypto coins have traded sideways, Cardano’s ADA token has shown a surge in its trajectory. Often regarded as Ethereum’s nemesis, ADA rose by 30% in the last seven days, while coins like Bitcoin, Ether, Solana, and XRP just rose by less than 5%, according to independent cryptocurrency data aggregator CoinGecko.
#cardano $ada is the number two blockchain in transaction volume in the last 24 hours https://t.co/HaCzkGSnZL
— Lark Davis (@TheCryptoLark) January 17, 2022
Ups and Downs in Cardano [ADA]
There was a time when Cardano neared $100 billion in market value and was the third biggest cryptocurrency on the market after Bitcoin and Ether. However, the coin dropped its value and even with its current stance, it is about 50% below its early September record.
Along with a huge fan base, the coin also has de-tractors. As reported by Al Jazeera, Antoni Trenchev, managing partner of Nexo (world’s most advanced, regulated digital assets institution o
We współpracy z: https://coingape.com/cardanos-ada-rose-by-30-last-week-outperforming-rivals-bitcoin-and-ether/
