Cardano’s ADA Rises 27.25%, Trading at $1.40
Yuri Molchan
Cardano’s native coin ADA has surged almost 28 percent in the past twenty-four hours, recovering to $1.40
News
Sat, 02/27/2021 - 13:15
Cover image via stock.adobe.com
Cardano’s ADA, has shown an increase by 27.25 percent over the past twenty-four hours and at the time of writing is changing hands at the $1.40 level, according to the data from CoinMarketCap.
Image via CoinMarketCap
On Friday, the coin’s rising market capitalization allowed it to become the holder of the top-three spot, and now it is sitting right next to Ethereum and Bitcoin.
It also topped its all-time high of $1.18 reached in January 2018 and hit the $1.25 level on Binance exchange.
ADA has been accelerating ahead of its “Mary” hard fork that will take place on March 1. This major upgrade is expected to turn the Cardano platform into a major Ethereum rival, making it a network with native assets.
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.