Is Cardano (ADA) poised for double-digit gains in 2024? All eyes are on this leading cryptocurrency as it enters the green, showing promising signs of a potential bull run. Cardano (ADA), one of the leading cryptocurrencies by market capitalization, is making waves in the crypto world as it has witnessed a surge in trading volume over the last 24 hours.

Cardano\'s price hovers around $0.74 on Thursday after a recovery of over 4% so far this week. Could this be the start of a significant upward trend? On-chain data hints at a bullish picture as ADA’s stablecoin market cap suggests increased investor confidence.

The recent performance is noteworthy. Cardano ADA has witnessed a surge in trading volume over the last 24 hours, seeing it enter the green at the start of 2024 (and showing potential for continued growth into 2025). Cardano token’s key turnover metric has indicated increased activity, further fueling optimism.

Some analysts are even comparing ADA\'s current trajectory to previous bull run trends. Cardano (ADA) and XRP are experiencing double-digit gains, potentially mirroring historical patterns. But what does this mean for the future of ADA? Is this a temporary surge, or are we witnessing the beginning of a longer-term rally?

While the future is uncertain, the current indicators are positive. Cardano (ADA), one of the leading cryptocurrencies by market capitalization, is making waves in the cryptocurrency world as it has witnessed an increase in trading volume in the last 24 hours. Furthermore, with the potential for altcoins to surge, many are asking, "Discover which cryptocurrency might replace Shiba Inu as the next big altcoin?" While Shiba Inu\'s future remains to be seen, Cardano is definitely making a strong case for itself as a top contender in the crypto space.