The price of Cardano (ADA) is soaring. Today, ADA is up 18% and is among the best performers of the day. Today’s rise comes on top of yesterday’s strong move, when Cardano scored an impressive +16%.
Currently, according to CoinMarketCap, ADA is worth $0.42 and has more than doubled the price at which it opened 2021, when it was worth “only” 18 cents.
This increase in value has led Cardano to climb the list of the most highly capitalized, ranking 6th, behind Polkadot, which is $2 billion away.
Source