Cardano Transaction Volume Jumps 200%, ADA Price Improves
Cardano Feed, the Decentralized News Aggregator that enables community members and users to share news about the Cardano Ecosystem, recently shared updates about the ecosystem. Reportedly, Cardano had recorded a notable increase in daily trans action volume, growing by 205.01% since the year’s beginning, with more than 26 billion ADA transacted a day. Reportedly, the trans action count has remained steady during bear market conditions, showcasing a 33.45% surge from the yearly lows and a recent significant peak in daily trans action volume, reaching a three-month high of 98,000 trans action s in just one day. Cardano (ADA) sits at the seventh rank in terms of market cap, according to CoinMarketCap. The Ethereum killer experienced a 24-hour price rise of 0.90% and a weekly surge of 0.95%, taking its price to $0.3708 at press time. Meanwhile, ADA’s 24-hour trading volume stood at $159,261,041. Furthermore, the price of ADA was nearer to its 24-hour high of $0.3751, whi...