Cardano

Pepe

April

Stellar

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Cardano (ADA), the second-largest PoS network, saw its core native cryptocurrency rocketing in the last week. In the last 24 hours, it surged by over 15%. ADA is ready to replace Lido Staked Ether (LSTETH) as the ninth crypto by capitalization.
<h2 id="cardano-ada-stellar-xlm-leave-all-of-top-100-cryptos-in-the-dust">Cardano (ADA), Stellar (XLM) leave all of top 100 cryptos in the dust</h2>
Cardano (ADA), the native cryptocurrency of the eponymous proof-of-stake blockchain, becomes the top gainer among the 100 largest digital assets. In the last 24 hours, its price jumped by 15,1% and exceeded $0.84 per coin. The net market cap of the project eyes $30 billion, CoinGecko says. <img src="https://u.today/sites/default/files/inline-images/s4941_1.jpg.png" data-entity-uuid="e15cb2d0-62f7-43ef-ace9-f10ebf7963a0" data-entity-type="file" alt="Cardano (ADA) price jumped by 15,1%" data-caption="Image by <a href=&quot;https://www.coingecko.com/en/coins/cardano&quot;>CoinGecko</a>">
Cardano's (ADA) 24-hour trading volume is over $3.7 billion. In total, over $7 million in Cardano (ADA) positions were erased due to liquidations. About 70% of this volume are short positions.
The last time Cardano (ADA) was trading over $0.84 was in April 2022, before the collapse of the Terra/Luna ecosystem and associated crypto price plunge. ADA price's all-time high was registered over $3 in September 2021. In the last seven days, the ADA price surged by 50%.
A the same time, Stellar Lumens (XLM), another veteran altcoin in the top league, also celebrated a double-digit price upsurge. The XLM price more than doubled in the last week, and the asset is ready to replace popular meme coin Pepe (PEPE) as the 22th largest crypto.
As covered by U.Today previously, the upsurge of Cardano (ADA) price is accompanied by surging whale activity.
<h2 id="ethereum-eth-hits-new-low-against-bitcoin-btc">Ethereum (ETH) hits new low against Bitcoin (BTC)</h2>
The number of large-sized transfers of ADA reached 8,900 in the last week, which marks the six-month high for this indicator.
As Bitcoin (BTC) surged above $94,000, almost the entire cryptocurrency segment is in green. However, Ethereum (ETH), the largest cryptocurrency, still fails to benefit from the rally. Today, ETH/BTC rates dropped below 0.033 which equals 30 Ethers per Bitcoin.
Ethereum (ETH) has not been so cheap in a pair with the orange coin since April 2021. Ether's lack of performance suggests the possibility of an altcoin season following Bitcoin's (BTC) parabolic run, the crypto community admits. <a href="https://u.today/cardano-ada-becomes-best-performer-in-top-100-after-15-price-pump" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Cardano (ADA) Becomes Best Performer in Top 100 After 15% Price Pump

Table of Contents

U_Today

Other articles published on Nov 20, 2024

The chance of Bitcoin reaching $100,000 by year's end surges to 72%

Why Ethereum Could Outperform Bitcoin and Reach $10,000?

Are spot Bitcoin ETF options traders really expecting a $176K BTC price?

Russia to ban crypto mining in the Russia-Occupied Ukraine territories

Solana Market Cap Hits ATH, SOL Leads Weekend Gains

Sky Unveils USDS Stablecoin on Solana to Strengthen DeFi Liquidity

Join our free newsletter for daily crypto updates!