Cardano had an interesting week. The coin surged significantly after trade tensions between the US and China eased a bit at the end of February. At that time, ADA jumped from $0.26 to $0.31, a nearly 20% spike in just a few days. The result? The Cardano coin returned to the top 10, surpassing Bitcoin Cash in the process.

Now the situation is a bit different. ADA is trading around $0.25 with a market cap of $9.2 billion, while BCH is at $454.96 with $9.11 billion. They remain quite close, but the Cardano coin has maintained its position. What matters most is that the project managed to get out of the hole it fell into weeks ago when volatility took over the market.

The timing is interesting because a few days before this recovery, Charles Hoskinson said that Cardano is not behind Solana and Ethereum as some claim. He highlighted the launch of Midnight as proof that the project continues to deliver. Hoskinson also mentioned that updates like Ouroboros Leios are strengthening the network’s scalability and security. Basically, he’s saying that the Cardano coin is fighting hard, trying to regain market space in the crypto world.

It’s always like that with cryptocurrencies — a macroeconomic announcement changes everything, sentiment shifts, and suddenly projects that were out of the spotlight come back into focus. If things keep going this way, we might see more movement here.