Cardano Jumps 29% as Bitcoin, Ethereum Recover

Cardano (ADA), the Ethereum competitor is up 29% over the past 24 hours. ADA is currently trading at $0.67, according to data from CoinMarketCap.

ADA is the native token of Cardano, the proof-of-stake layer-1 blockchain that offers stiff competition to Ethereum. 

The token is now the sixth-largest cryptocurrency with a market capitalization of $22.6 billion, overtaking Ripple’s XRP. 

Despite today’s bullish action, ADA is still down 78% from its all-time high of $3.10 recorded in…


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