Over the past 24 hours, Cardano's ADA/USD price has risen 9.33% to $0.50. This is contrary to its negative trend over the past week where it has experienced a 17.0% loss, moving from $0.60 to its current price. As it stands right now, the coin's all-time high is $3.09.
The chart below compares the price movement and volatility for Cardano over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
Cardano's trading volume has climbed 126.0% over the past week along with the circulating supply of the coin, which has increased 0.32%. This brings the circulating supply to 33.82 billion, which makes up an estimated 75.16% of its max supply of 45.00 billion. According to our data, the current market cap ranking for ADA is #7 at $16.90 billion.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Get ready to uncover the secrets of decentralized finance and security in the crypto market with Crypto Unlocked , Benzinga's new virtual crypto event series. Don't miss out on this opportunity to learn from the experts and connect with fellow crypto enthusiasts — subscribe and turn on notifications for Crypto Unlocked on YouTube today !