Cardano’s ADA Hits New All-Time High at $2.55
Yuri Molchan
Slightly over half an hour ago, ADA set a new all-time high above $2.50
News
Fri, 08/20/2021 - 06:59
Cover image via stock.adobe.com
The third largest crypto on CoinMarketCap, Cardano’s native asset ADA, has finally reached a new historic peak.
After demonstrating a rise of nearly 20 percent in the past twenty-four hours, ADA has reached the $2.55 level, leaving the previous all-time high of $2.46 set back in May.
Image via CoinMarketCap
ADA has been rising massively after the announcement was made that smart contracts would be implemented on the blockchain in September as soon as the Alonzo hard fork goes live.
The price began rising even prior to the announcement, on Friday, August 13, when the coin hit the $2 level.
Image via CoinMarketCap
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.