The cryptocurrency market is currently experiencing a general recovery, and so is Cardano $ADA . According to CoinMarketCap data, the price of the $ADA token has increased by 4.65% in the past 24 hours, reaching $0.3858. This surge has increased Cardanoâs market cap to $13.48 billion, helping Cardano return to the top 10 cryptocurrencies by market cap.
Cardano had previously dropped out of this ranking due to the growing interest in Tron, which has seen a significant rise in market sentiment. This latest surge is a promising sign for $ADA investors. However, it remains to be seen whether Cardano will be able to maintain this position for long.
