Cardano’s ADA Spikes 25%, Leads Gains in Crypto Majors
Crypto markets added some 4.4% to overall capitalization in the past 24 hours as bitcoin (BTC) saw signs of bottoming out and traditional markets showed strength at the start of this week.Bitcoin regained the $31,000 level in U.S. hours on Monday after nine weeks of losses.
Cardano’s ADA token led gains among crypto majors with a 17% rise to trade over 64 cents on Tuesday. Fundamental catalysts include a rise in the issuance of native assets on the network – over five million assets have now been minted on Cardano, data shows – and the upcoming Vasil hard fork, a network upgrade expected in June that would increase scaling capabilities.
Source
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