Cardano Is Outpacing Bitcoin And XRP – Here’s What’s Driving ADA Higher

• Cardano rallied over 11% on Monday, hitting its highest level in three months and the biggest gain among major cryptocurrencies.

• Over the past 3 months, Bitcoin was up around 37%, XRP gained 3%, Solana was up 49%, but Cardano was up over 50%.

• RealFi launched on Cardano's mainnet last week, introducing USDrf and the staked sUSDrf.

Cardano (ADA) rallied over 11% on Monday, its highest level in three months and the largest gain among major tokens, outperforming Bitcoin (BTC) and XRP (XRP) among others, though it trailed Solana (SOL).

ADA traded around $0.27 at the time of writing, its highest level since early July, according to Koyfin data. The token has rallied about 74% from its July low of $0.1554.

See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox

ADA's price was up as much as 51% since early July before paring gains to about 46%, according to Koyfin data. That put it ahead of Bitcoin at around 37% and XRP at around 33%. Only Solana did better, up some 49% in the same period. Cardano's market cap was about $10.2 billion, lower than its peers.

Other large caps moved, but not substantially. Cardano rose about 11% over the past 24 hours, more than eight times XRP's 1.3% gain and about 11 times Bitcoin's 1% rise as Solana edged lower, down by 0.4%.