CandleFocus Cardano (ADA) Rockets Back into Top 10 With 12% Price Surge
2024-09-24
Author: Content Editor
Cardano (ADA) has reentered the top 10 cryptocurrencies by market capitalization, driven by a 12% price surge over the past week. The rise in ADA's price allowed it to surpass TRON and reclaim its position among the top digital assets. This increase in value is attributed to the positive sentiment in the cryptocurrency market following the U.S. Federal Reserve's decision to cut interest rates. Additionally, Cardano is transitioning to a fully decentralized governance model with the introduction of the Cardano Constitution, which will define blockchain governance procedures and guide the future upgrades of the network.
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