Cardano is experiencing a surge in price as it follows the broader market rally on Thursday, climbing alongside Bitcoin. This surge is fueled by network upgrades and increasing adoption of the blockchain. With over 78% of its total supply circulating, Cardano stands as one of the most distributed cryptocurrencies globally, second only to Bitcoin among top ten coins. Analyst Dan Gambardello suggests that the altcoin market hasn’t fully begun, with more liquidity expected to drive price movements in altcoins like ADA. He highlights Cardano’s favorable risk model at 30%, suggesting a major price jump is imminent. 78% of Cardano’s circulating supply is currently available for trade, indicating its potential for significant movement.