Cardano joins altcoins' bullish momentum with broad-based positive metrics
by 3.51% to $0.2698. With the brewing Cardano growth momentum, the digital currency has pared the losses it has accrued over the past week and is up by more than 10% over the trailing seven-day period.The growth of Cardano is one that is encompassing as several key metrics are currently positive. The digital currency's trading volume soared as high as 11.31% to more than $215 million in the past 24 hours.
While the trading volume gives an indication of the fact that retail buyers are quite active in the protocol in the short term, data from IntoTheBlockthat total holders' balance recorded a slight uptick of 0.71% to $9.48 billion at the time of writing. The Cardano protocol is growing with deep evidence available to show for it. As contained in its weekly update, the proof-of-stake blockchain protocol recorded a total of 130 projects launching on Cardano for the week with total transactions coming in at 69.1 million.
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