According to price data, the ADA token has more than tripled in its market capitalization in the last 17 days, now standing on the cusp of $36 billion.

In the late hours of Friday, November 22, the Cardano price surpassed the $1 mark for the first time since April 2022. This price feat underscores the intense bullish momentum of the altcoin in the past few weeks, outperforming almost all assets in the top ten largest cryptocurrencies.