Cardano (ADA) was one of the best performing altcoins in 2023.
The value of the cryptocurrency soared more than 65% in a month from $0.2 to $0.4 and its capitalization rose from $8.63 billion to $13.81 billion.
ADA has risen to eighth place in the digital currency ranking. Cardano has been gaining over the past 30 days due to the support of big investors.