Cardano was trading at $0.3945 by 13:23 (17:23 GMT) on the Investing.com Index on Tuesday, up 10.18% on the day. It was the largest one-day percentage gain since October 25.
The move upwards pushed Cardano's market cap up to $13.4485B, or 1.39% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $0.3571 to $0.3945 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 7.44%. The volume of Cardano traded in the twenty-four hours to time of writing was $562.9057M or 0.92% of the total volume of all cryptocurrencies. It has traded in a range of $0.3302 to $0.3945 in the past 7 days.
At its current price, Cardano is still down 87.27% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $19,988.6 on the Investing.com Index, up 3.66% on the day.
Ethereum was trading at $1,456.27 on the Investing.com Index, a gain of 9.12%.
Bitcoin's market cap was last at $384.7344B or 39.68% of the total cryptocurrency market cap, while Ethereum's market cap totaled $178.8542B or 18.44% of the total cryptocurrency market value.