Investing.com - Cardano was trading at $1.5580 by 05:38 (10:38 GMT) on the Investing.com Index on Monday, up 14.55% on the day. It was the largest one-day percentage gain since August 27, 2021.

The move upwards pushed Cardano's market cap up to $51.9551B, or 2.53% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $1.3878 to $1.5599 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 32.07%. The volume of Cardano traded in the twenty-four hours to time of writing was $3.6916B or 5.24% of the total volume of all cryptocurrencies. It has traded in a range of $1.1220 to $1.5599 in the past 7 days.

At its current price, Cardano is still down 49.72% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $42,769.4 on the Investing.com Index, down 0.34% on the day.

Ethereum was trading at $3,261.56 on the Investing.com Index, a loss of 1.34%.

Bitcoin's market cap was last at $810.6310B or 39.54% of the total cryptocurrency market cap, while Ethereum's market cap totaled $389.6331B or 19.00% of the total cryptocurrency market value.