Cardano (CRYPTO: ADA) raced to double-digit gains on Wednesday, riding on the optimism surrounding a potential exchange-traded fund filing by digital asset management company Grayscale Investments.
Cardano Beats Bitcoin, Ethereum
ADA popped more than 17% to become the cryptocurrency market’s second-biggest gainer over the last 24 hours. The coin’s trading volume soared 56% to $3.4 billion, indicating high liquidity and buying pressure.
ADA significantly outgained blue-chip coins such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), …