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In what appears to be one of the greatest comeback stories in crypto, Cardano (ADA) has managed to top its January 2018 all-time high.

The cryptocurrency reached a new peak of $1.25 at 5:05 p.m. on the Binance exchange after adding five percent over the last 24 hours.

Less than a year ago, it was down an eye-popping 98.5 percent from its previous all-time high of $1.18 that was recorded on Jan. 4, 2018. ADA is up 7,252 percent since March 13, 2020.  

The market cap of Cardano has surpassed $38 billion, which makes it the third-largest cryptocurrency (behind only Bitcoin and Ethereum). This is the highest spot the token has reached on cryptocurrency charts to date.

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