Cardano Trading Volume Surges 55% as ADA Makes Top 10 Comeback: Details

Cardano Trading Volume Surges 55% as ADA Makes Top 10 Comeback: Details

Source: UToday

Published:15:43 UTC

BTC Price:$74130

#ADA #Cardano #Crypto

Analysis

Price Impact

Med

Cardano's re-entry into the top 10 by market capitalization and a significant 55% surge in trading volume indicate renewed investor interest and market activity. however, the price is currently down, reflecting broader market bearishness.

Trustworthiness

High

The report is from a reputable crypto news source (u.today) and cites verifiable data from coinmarketcap regarding market capitalization and trading volumes.

Price Direction

Bearish

Despite positive fundamental news like the volume surge and top 10 comeback, ada's price is currently in the red (down 2.36% daily, 19% weekly) as part of a wider crypto market sell-off and rotation out of risk-on assets. the immediate trend is negative.

Time Effect

Short

The current price action is immediately bearish due to market-wide liquidations. however, the high trading volume and rsi approaching oversold levels could signal a potential short-term relief rally or a bounce from current support levels.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Cardano has reentered the top 10 cryptocurrencies by market capitalization after a brief exit in the past day. Advertisement As reported , Cardano momentarily dropped out of the top 10 cryptocurrencies by market capitalization, having held 10th place in recent months. Hyperliquid (HYPE) had entered the top 10 cryptos after a 20% daily surge pushed its market capitalization above Cardano, flipping it to 11th place. However, a shift is seen at press time, with Cardano reclaiming its spot as the 10th largest cryptocurrency, with a current market capitalization of $10.48 billion. HOT Stories Ripple Prime Goes Live on Hyperliquid: Why This Is 'God-Mode' Move for XRP Morning Crypto Report: Dogecoin (DOGE) Rises on Musk's Wealth Record, Ethereum (ETH) Eyes 24% Rally, Cardano (ADA) Dethrones Bitcoin Cash and Hyperliquid From Top 10 Cardano (ADA) Trading Volume, Courtesy: CoinMarketCap Amid the push, Cardano trading volumes have increased 55% to $828.69 million, according to CoinMarketCap data . Advertisement Cardano price action Cardano , just like most crypto assets on the market, is trading in red, down 2.36% in the last 24 hours to $0.29 and down 19% weekly. The sell-off in the last 24 hours has seen $753.4 million in liquidations across the crypto market, coinciding with a decline in equities. The S&P 500 on Tuesday retreated from near records on a tech sell-off, while gold and silver rebounded. You Might Also Like Tue, 02/03/2026 - 15:50 Cardano (ADA) Price Analysis for February 3 By Denys Serhiichuk Advertisement Crypto losses increased this week as investors have also continued to rotate out of risk-on assets, causing significant declines for major cryptocurrencies, especially on a weekly basis. Cardano entered into sideways trading following a five-day drop from Jan. 28 to Feb. 1. Cardano is currently trading in a range between $0.275 and $0.305 as prices stagnate on the market. Indicators such as the daily RSI are approaching oversold levels, near 30, indicating the possibility of a relief rally if prices rebound. Cardano ended January down 11.87% to mark its fifth consecutive month of drop since August 2025. The next barrier for the Cardano price lies at $0.34, ahead of $0.364, which coincides with the daily MA 50 in the event of a market rebound ahead of $0.50. Support is expected in the $0.25 to $0.26 range if selling continues. #Cardano News #Cardano Price Prediction #Cardano #Hyperliquid