Cardano (ADA) Breaks $3 For the First Time: Sets a New All-Time High
2 Sep, 2021•1 min read•Altcoins
Cardano’s ADA set a new all-time high moments ago, surging past the coveted $3 mark for the first time in its history.
At the time of this writing, the cryptocurrency is trading at around $3.08. This comes on the back of a broader market increase. Bitcoin gained over 4% in the past 24 hours and is once again eyeing the coveted $5K mark, while Ethereum’s ETH is up more than 7%, currently trading above $3760. The total cryptocurrency market capitalization is up over $100 billion in the past 24 hours alone, right now sitting at $2.3 trillion, according to CoinGecko. ADA’s impressive gains come ahead of the much-anticipated launch of smart contract capabilities on Cardano’s network – something that the community is eager for quite some time.