Cardano (ADA) renews highs
Cryptocurrency Cardano (ADA) renews its all-time high, gaining ground above $ 2.95
Aug 24, 2021
1 min read
Anna BakkerNews analyzer

In August, the third cryptocurrency added 120% in value due to the expectations of smart contracts.

The blockchain update is approaching and this is strongly stimulating the growth of Cardano. The Alonzo hard fork is scheduled for September 12th. As a result, the Cardano blockchain will receive the long-awaited support for smart contracts and the ability to create decentralized applications (DeFi).

An additional stimulus for growth is the upcoming listing of ADA on the Japanese Bitpoint exchange on August 25. It is worth noting that it is currently quite difficult to list any cryptocurrency on Japanese exchanges due to the strict regulation of this region.

Experts expect Cardano (ADA) to grow to at least $ 3.0, which is quite realistic, given the increased hype among investors.

The popularity of this cryptocurrency has also reached the American market. A survey by the crypto exchange Gemini showed that about 40% of investors have invested in ADA.

forex expert advisors

According to the Cardano roadmap, at least three Fortune 500 companies will use Cardano's cryptocurrency by 2026, there will be 50 banks with the Cardano Foundation, and the ecosystem's user base is planned to grow to 1 billion.

Are you looking for a reliable broker? The search is over - choose from the list of trusted forex brokers.

Last article
Read other articles
Peter Janssen Market expert
Bitcoin is up 7.3% in the last week, ending near $37,700
Jan 31, 2022
1 min read
Anna Bakker News analyzer
New South African strain of coronavirus dubbed the Greek letter omicron plummets in markets on Friday
Nov 29, 2021
1 min read
Anna Bakker News analyzer
Cryptocurrency Shiba Inu (SHIB) jumped 40% in two days, showing half-month highs above $ 0.000054 on Tuesday
Dec 1, 2021
1 min read
Forex Expert Advisors for your Profits
Forex trading robots based on AI. Innovative trading technologies for a stable growth of your profits