Cardano’s ADA Surpasses $2 Prior to Smart Contracts Launch Announcement Later Today
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
News
Fri, 08/13/2021 - 09:11
Cover image via stock.adobe.com
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
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.
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.