Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Sharpmax on May 31, 2021, 11:50:05 PM
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While the rest of the market stays still, Cardano (ADA), the fourth-largest cryptocurrency by market cap, increased by 11% in price on Sunday morning to $1.64, according to data from metrics site Nomics.
At its current price, Cardano is reemerging to prices observed on Wednesday, when ADA reached as high as $1.77. ADA is still far off its all-time high of $2.46, which the project achieved two weeks ago on May 16.
On Friday, Cardano started rolling out its Alonzo testnet. The update, named after math and computer scientist Alonzo Church, adds smart contracts to the blockchain, meaning that Cardano is resolutely on the way to integrating decentralized applications to its blockchain. The Alonzo mainnet is expected to go live by the end of August.
“The most critical engineering path, integration path, coordination path, and community path are for the next 90 days,” said Cardano founder Charles Hoskinson in one of his many YouTube updates earlier this week. source (https://cryptonews.net/724727/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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After the very very dip market, ADA still tries to struggle in order to make the price rise up again. SO far, ADA has good fundamentals and this coin really performs very well. BUt because of the deep crash by Bitcoin ADA and also other altcoins dropped very dip. This is the time for ADA to increase again and prove that this altcoin is worth to invest