Cardano achieved a significant rise in the fourth quarter of 2024, with ADA market capitalization rising by 127% compared to the previous period, Decentralized Finance TVL rising by 94%, and Stable Coin Market Cap rising by 66%. Daily volume increased by 65%, Cardano introduced the Ouroboros Peras update, compatible with Hydra and Mithril, ADA price pumped by 126% to $0.84, market ranking rose to 9th place.