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Here's Why Cardano Is Up Big Today

TheMotleyFool

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Cardano's (CRYPTO: ADA) Ada token is showing strong momentum and making impressive gains in today's trading. The cryptocurrency was up roughly 13.4% as of 1:30 p.m. EDT, according to data from S&P Global Market Intelligence.

Leading cryptocurrencies have seen some volatile swings across 2021's trading, but many top tokens have recently been enjoying strong bullish momentum. Cardano's Ada token has emerged as one of the year's best-performing crypto assets, and the rally for the broader market combined with upcoming listings on new exchanges and new feature rollouts appear to be driving the gains.

Image source: Getty Images.

Source Fool.com

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