Cardano (ADA) becomes number 3 crypto after 13% rise

The price of Cardano (ADA), the native token of the eponymous blockchain project, is up by 13.2% over the past day, hitting a 12-week high of $2.03 today.

According to data from CoinGecko, the asset has gained 44.1% in value in the last week, which makes it the biggest gainer among the market’s leading cryptocurrencies.

The latest upward movement pushed the token’s market cap to $64.74 billion, or 3.23% of the total value of all cryptocurrencies. This resulted in ADA overtaking Tether as the third-largest cryptocurrency and going ahead of Binance Coin (BNB).

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