ADA (Cardano) rose 3.66% in 24 hours.

Gate News Bot news, on September 18, according to CoinMarketCap data, ADA (Cardano) is currently priced at $0.91, rising 3.66% in the last 24 hours, reaching a high of $0.95 and a low of $0.85. The current market capitalization is approximately $32.635 billion, an increase of $1.153 billion compared to yesterday, ranking 9th in the global crypto assets market capitalization.

Cardano is the first blockchain platform developed based on peer-reviewed research and evidence-based methods. It combines groundbreaking technology to provide unparalleled security and sustainability for decentralized applications, systems, and societies. Cardano aims to redistribute power from irresponsible structures back to individuals, becoming a driving force for positive change and progress.

Important news about ADA recently:

1️⃣ Gate Yubi Treasure adds ADA fixed investment products The Gate platform's remaining asset treasure has added five types of Crypto Assets regular financial products, including ADA. This new product provides additional earning opportunities for ADA holders, which may attract more investors to hold ADA, thereby increasing market demand.

2️⃣ Diversified Lock-up Period Options The newly launched ADA fixed-income products offer three lock-up period options: 7 days, 14 days, and 30 days. This flexibility allows investors to choose an investment period that suits their needs and market expectations, helping to meet the demands of investors with different risk preferences.

3️⃣ Potential Expansion of the ADA Ecosystem The Gate platform's support for ADA indicates that the Cardano ecosystem is gaining broader recognition and application. This may signal that more financial services and applications will develop around ADA in the future, further enhancing its position as a smart contract platform.

The rise in ADA prices may be partly influenced by this new financial product, as it provides new income channels for holders. However, investors still need to closely monitor overall market trends and the long-term development of the Cardano project.

This message is not investment advice; investors should be aware of market volatility risks.