Cardano trading volume reached a peak on February 27, 2021, after weeks of build-up towards the integration of the Mary hard fork on the crypto's mainnet. Mary was a network update - which was in beta since early February 2021 but was rolled out on March 1, 2021 - that gave the Cardano blockchain smart contract functionality like Ethereum has. Simply put, the upgrade turned Cardano and its native ADA coin into a direct competitor to Ethereum - which made the platforms for those who were looking for an alternative to the Ether coin.
Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024
(in billion U.S. dollars)
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Statista, & CoinGecko. (December 11, 2024). Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1278734/cardano-trade-volume/
Statista, und CoinGecko. "Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024 (in billion U.S. dollars)." Chart. December 11, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1278734/cardano-trade-volume/
Statista, CoinGecko. (2024). Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1278734/cardano-trade-volume/
Statista, and CoinGecko. "Cardano (Ada) 24 Hour Trade Volume from July 1, 2020, to December 11, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Dec 2024, https://www.statista.com/statistics/1278734/cardano-trade-volume/
Statista & CoinGecko, Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1278734/cardano-trade-volume/ (last visited December 21, 2024)
Cardano (ADA) 24 hour trade volume from July 1, 2020, to December 11, 2024 (in billion U.S. dollars) [Graph], Statista, & CoinGecko, December 11, 2024. [Online]. Available: https://www.statista.com/statistics/1278734/cardano-trade-volume/