Investing.com - Cardano was trading at $1.4803 by 18:09 (23:09 GMT) on the Investing.com Index on Thursday, up 10.29% on the day. It was the largest one-day percentage gain since December 23.

The move upwards pushed Cardano's market cap up to $48.9046B, or 2.06% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $1.3089 to $1.4803 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 15.84%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.0083B or 1.93% of the total volume of all cryptocurrencies. It has traded in a range of $1.1848 to $1.4803 in the past 7 days.

At its current price, Cardano is still down 52.23% from its all-time high of $3.10 set on September 2.

Elsewhere in cryptocurrency trading

Bitcoin was last at $50,748.2 on the Investing.com Index, up 3.60% on the day.

Ethereum was trading at $4,098.58 on the Investing.com Index, a gain of 2.43%.

Bitcoin's market cap was last at $960.5889B or 40.42% of the total cryptocurrency market cap, while Ethereum's market cap totaled $487.0952B or 20.49% of the total cryptocurrency market value.