Explore Cardano's success story in the final quarter of 2024 with remarkable growth in price and network activity.
According to Messari’s latest report, in the fourth quarter of 2024, Cardano (ADA) experienced significant growth in price and network activity. ADA’s price surged by 126% during this period, reaching a market value of $30.3 billion, elevating ADA’s market value ranking from 11 to 9. Transaction fees in USD spiked by 254% to $1.8 million, mainly due to token price increases and high transaction volumes. Moreover, the average transaction fee in USD rose by 80% to $0.23, while transaction fees in ADA dropped by approximately 2% to $0.34. Reports indicate Cardano effectively managed the high transaction load.
