Cardano (ADA), the fourth-largest cryptocurrency by market cap is riding high post smart contract integration date announcement by Charles Hoskinson. Cardano network has been going through a series of updates, out of which Alonzo is believed to be the most critical one. It will introduce smart contract functionality on the platfrom.
The Alonzo Purple testenet launched last week while the final integration date of the platform has been set for September 12. The altcoin price broke past the key resistance of $2.00 in the wake of Alonzo Purple’s launch while it jumped to a new 3-month high of $2.25 and just 9% below its ATH of $2.46.
Source: TradingView
Solana (SOL), the tenth-largest cryptocurrency by market cap became the first altcoin to hit a new ATH after May. It surged by over 38% to record a new ATH of $65.68 after a weekly gain of 65%. The altcoin also registered a significant spike in network activity and adoption.
Source: TradingView
Can Cardano (ADA) Reach New ATH Again?
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Źródło: https://coingape.com/cardano-ada-can-become-second-altcoin-solana-hit-ath-heres/
