According to TradingView data, Cardano is already up 59.14% in the week. Cardano last saw weekly gains of this magnitude in August 2021, when it reached an all-time high of $3.09.
Cardano has been on a tear since mid-October, and it is on course for its eighth week of gains. So far this week, Cardano has outperformed, set for six consecutive days of gains since Sunday.
The rally accelerated as Cardano saw a sharp price increase on Friday. In today's trading, Cardano extended its strong price surge, reaching highs of $0.6448 before slightly retreating. At the time of writing, ADA was still up 21% in the last 24 hours to $0.63.
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