Cardano’s ADA Soars: Market Dominance Up 16% in a Week

Cardano’s native token, ADA, has experienced an impressive surge in price and market share over the past week, achieving a 16.19% increase. This rise in dominance currently sits at 0.85%, highlighting renewed confidence in the Cardano ecosystem. Factors driving this growth include positive developments in scaling solutions and smart contracts, as well as attractive staking rewards and low transaction fees.