Cardano Smashes $2, Gears to Reach $3 in No Time

Cardano (ADA) is on fire once again as ADA market price surged to over $2 in the past 24-hours. In addition, this fantastic performance of ADA recorded a growth rate of over +50% in the past 14 days. As a result, the crypto community and investors worldwide are now closely monitoring the crypto.

This made the managing partner and co-founder of Nexo Antoni Trenchev react:

The Cardano aficionados have been awaiting — some impatiently — for what seems like an eternity for some news on smart contracts.

Trenchev added that Cardano is doing a great job lately in upgrading its blockchain. He said.

Cardano is tussling with no. 2 crypto Ethereum to be the preeminent blockchain offering smart contracts.

Furthermore, aside from the amazing price pump that ADA performed recently, the market cap of the crypto also increases drastically. In detail, the market cap of crypto amounts to almost $70 billion as of writing time. As a result, Cardano right now ranks as the third-largest crypto asset in CoinGecko. Truly, this performance of Cardano has made crypto analysts think that the crypto might even push to $3 before the year ends.

Bitcoin up by Over 40%

On the other hand, as Cardano price surges, the king of crypto, Bitcoin, is also smashing one resistance level to another. Currently, BTC trades at a bullish price of over $45k with a growth rate of almost 44% in the past 30 days. Indeed, these achievements made by the crypto world lately bring hope to all the crypto-families worldwide.