Can a Price Surge be Expected for Cardano (ADA)?

7:43 am, Fri, 13 August 21

Current Cardano Data

Market Cap
Volume (24h)

Things have been looking up for the overall crypto market with the noticeable price surge for the top two crypto assets.

Bitcoin has touched the $45,000 region (at the time of writing), whereas Ethereum has crossed the $3,000 price mark (at the time of writing).

These are not the only digital currencies enjoying an upward momentum at the moment. A price surge has also been seen for other digital assets such as XRP, DOGE and BNB.

Soon to join this list is the well-known cryptocurrency Cardano (ADA). It is currently trading at $1.96 (at the time of writing) and is expected to touch the $2 region following the big announcement of smart contract.

Whether Cardano’s price increases or not, it is a popular crypto asset and has intrigued the interest of many major and minor investors.

Therefore, if you are also interested in buying Cardano, you can click on Binance or Kraken (U.S. citizens), two of the best exchanges in the market.

Up to 50% discount on fees

However, if you are more interested in becoming a crypto trader then you can opt for PrimeXBT Covesting. It allows beginners to mimic the trades of experienced traders. Sign up with our link today.

The Cardano (ADA) Smart Contract Announcement

The founder of Cardano, Charles Hoskinson, has stirred up quite the excitement in the market after his recent announcement. People who follow news updates regarding ADA might be familiar with the smart contracts to be released for the Cardano main network.

According to reports, Charles Hoskinson will be revealing the date sometime today.

Hoskinson stated:

We’ll be able to announce when the Alonzo hard fork is going to happen, and at that point…run smart contracts on Cardano,”

He continued to state that the hard fork will be implemented by his team before the Cardano Summit in September.

Here is a graph by CoinGecko that shows the fluctuations in Cardano’s price in the last 24 hours.

Cardano (ADA) graph

In other news, Cardano founder Charles Hoskinson has also shared his opinion regarding the Bitcoin vs Ethereum debate.

Hoskinson is also the co-founder of the second-largest digital currency, ETH. He replied to a tweet by crypto evangelist Anthony Pompliano, which can be seen here.


Are you Interested in Buying Cardano?

Cardano is one of the most popular crypto assets in the world. It is currently among the top five digital currencies in the crypto market.

Cardano (ADA) is a smart contract platform and is well-known for its sustainability factor. It is known to have a unique approach, which is one of many reasons why it has piqued the interest of several investors and traders.

With the implementation of the smart contract planned for the Cardano network, the digital asset is expected to become even more prominent.

Therefore, if you are also interested in stepping into the crypto space and buying Cardano then you can use some of the most popular crypto exchanges.

If you are a crypto trader then you can opt for the Bybit exchange. Use this link to sign up and earn a free bonus on your initial deposit.

Claim up to $30,030 in Bonus

100x Leverage