In the last 24 hours, the price of Cardano (ADA) went up by 3.63% to reach $0.56. This follows a positive trend over the past week, with ADA experiencing a gain of 14.0%, rising from $0.49 to its current price. Currently, the coin’s all-time high is $3.09.
The chart below shows the price changes and how much Cardano has been moving in the last 24 hours on the left side, and on the right side, it compares it to the price movements over the past week.
Cardano (ADA) Market Analysis
ADA Price Chart | Source: Coinstats
The gray bands depicted on the chart represent Bollinger Bands, indicating the volatility of Cardano’s price movements over the past 24 hours and the past week. Wider bands or larger gray areas indicate higher volatility in the market.
ADA Price and Volatility Chart
During the past week, the trading volume for Cardano has surged by 64.0%. Interestingly, this movement has been opposite to the overall circulating supply of the coin, which has slightly decreased by 0.15%. Presently, the circulating supply stands at 35.13 billion ADA, accounting for approximately 78.06% of its maximum supply of 45.00 billion.
ADA Circulating Supply and Trading Volume
Based on available data, Cardano currently holds the #9 spot in market cap rankings, with a valuation of $19.69 billion.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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