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Cardano’s ADA Surpasses $2 Prior to Smart Contracts Launch Announcement Later Today

Fri, 08/13/2021 - 09:11
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Yuri Molchan
After flirting with the $2 level on Thursday, ADA has broken above the $2 mark ahead of the big announcement expected later today
Cardano’s ADA Surpasses $2 Prior to Smart Contracts Launch Announcement Later Today
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The fourth-largest cryptocurrency, Cardano's native coin ADA, has gone above the $2 level on the U.S.-based Kraken exchange.

According to CoinMarketCap, the coin is demonstrating an over 15 percent rise in the past 24 hours.

At press time, the coin is changing hands at $2.06.

Image via CoinMarketCap

Cardano (ADA) Flirting with $2 Ahead of Big Announcement

Later today, the community expects Cardano founder Charles Hoskinson to make an announcement regarding the upcoming launch of smart contracts on the platform—the exact date of the upgrade's rollout will be named.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and 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.

Currently Yuri is a news writer at U.Today and can be contacted at