Cardano (ADA) surpasses Ethereum by transaction volume as ADA price soars

According to data provided by Messari, on the morning of Jan.17, Cardano’s 24-hour trading volume reached $7.02 billion, surpassing Ethereum’s 24-hour trading volume of $5.41 billion.

The price of the native ADA token is up roughly 13.59% in the past 24h and grew by more than 32.46% over the past week. It is now the fifth-biggest cryptocurrency by market capitalization, surpassing the USD Coin stablecoin and Solana.