Cardano [ADA] has seen significant price volatility since the commencement of the market rally last month. But despite the ebbs and flows, the proof-of stake (PoS) token managed to absorb impressive gains of 11% until press time, data from CoinMarketCap showed. As depicted below, ADA’s market sentiment, which was hammered after the U.S. Securities and Exchange Commission’s (SEC) labeling of the token as a security, improved drastically thanks to the latest rally.