Cardano is a proof-of-stake platform that wants to allow visionaries to bring positive change, and the project’s token is seeing positive change as the global crypto market enters recovery mode. In the past 24 hours, Cardano has been gaining ground, increasing over 4% to reach $1.26. This is a continuation of a positive trend from last week when the token picked up 2%, but still far away from its all-time high of $3.09. Interestingly, trading volume for the token has fallen 32% in the past week but the supply of the coin rose nearly a percent. Currently, the circulating supply of Cardano is at about 71% of its total capacity while its market cap puts it at #8 in the global crypto industry. At press time, Cardano was trading at $1.26, up 4 and a half % and just a penny shy of its 24-hour high.