Cardano grew by 50% in a week

Quotes for the cryptocurrency Cardano ADA $0.40 Cardano -0.43% Market capitalization $14.12 billion VOL. 24 hours $20.62 million have jumped again. The value of the virtual currency increased by 50.5% over the week. At the time of writing, ADA is tradingat $ 0.63. The total number of coins circulating on the market amounted to $ 22.2 billion, while daily trading transactions reached only $ 1 billion. The cryptocurrency lost more than 4% over the day.

Just a month ago, crypto experts predicted a 10,000% increase in the Cardano digital token — the most bullish ADA forecast was made by an analyst known as FieryTrading. In his opinion, the token could soar to $ 35 over the next two years (most likely in 2025).

As for the flagship cryptocurrency, BTC slipped by 0.46% over the day and is trading at $ 42,725. The market capitalization of the asset amounted to $ 836.1 billion, and daily trading transactions exceeded $ 25.3 billion. The dominance of bitcoin BTC $65,551.74 Bitcoin -0.38% Market capitalization $1.3 trillion VOL. 24 hours $0.56 billion in the market is 51.9%.

The leading altcoin ETH $2,655.38 Bridged Ether (StarkGate) -1.00% Market capitalization $0.2 billion VOL. 24 hours $0.4 billion slipped by 0.33% over the day and is trading in the range of $ 2,274. Ethereum’s market capitalization is $ 273.4 billion, and traders have made daily trading deals worth $ 12.9 billion. Ethereum’s market dominance amounted to 17%.

In general, over the past 24 hours, the global market capitalization has added 0.57% to $ 1.61 trillion. Daily transactions with cryptocurrencies amounted to $ 68.2 billion. The Fear and Greed Index dropped to 77 points, which is considered a relatively optimistic indicator.