December 6, 2022

Cardano (ADA) Breaks $3 For the First Time: Sets a New All-Time High

1 min read

Cardano’s ADA set a brand-new all-time high minutes ago, surging past the coveted $3 mark for the very first time in its history.

  • For the very first time ever, ADA – – Cardano’s native cryptocurrency – – broke above the substantial turning point of $3.
  • The cryptocurrency is up more than 10% in the previous 24 hours, strengthening its location as the top 3 coin by means of total market cap, which presently eyes $100 billion.
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  • ADA/USDT. Source: TradingView At the time of this writing, the cryptocurrency is trading at around $3.08.
  • This begins the back of a broader market boost.
  • Bitcoin gained over 4% in the previous 24 hours and is as soon as again considering the sought after $5K mark, while Ethereum’s ETH is up more than 7%, currently trading above $3760.
  • The overall cryptocurrency market capitalization is up over $100 billion in the previous 24 hours alone, today sitting at $2.3 trillion, according to CoinGecko.
  • ADA’s remarkable gains come ahead of the much-anticipated launch of smart agreement capabilities on Cardano’s network – – something that the community is excited for quite a long time.