After moving sideways for weeks together, Cardano’s native cryptocurrency ADA was back in action over the weekend gaining more than 10% on Sunday, January 16. With this, Cardano seals its place once again in the top-five crypto-list.
As of press time, ADA is trading 9.10% up at a price of $1.47 and a market cap of $49.2 billion. The recent price surge in Cardano comes following strong transaction volumes and just before the Sundae Swap later this week. As per data from Messari, the Cardano blockchain had the second-highest network activity trumping Ethereum.
In the last 24 hours or so #cardano has had similar or higher transaction volume compared to #ethereum.
The fees on cardano totalled a mere $66,000 to process all of it. Over 4 billion in transaction volume.
Ethereum cost over 44 million dollars in fees.https://t.co/nm5fOb2L5O
— Ed n’ ₳ltcoins (@EdnStuff) January 16, 2022
Another major development is that 70 new smart contracts have been launched on the Cardano blockchain o
We współpracy z: https://coingape.com/cardano-back-in-top-5-as-ada-rallies-over-10-following-strong-transaction-volume/
