With Cardano’s price skyrocketing to brand-new all-time highs, the asset has amassed the attention of the cryptocurrency crowd. On-chain data from social networks platforms confirmed that ADA had become the most talked-about digital property in the previous few days.
ADA Takes Over Twitter
It’s safe to say that Cardano’s native cryptocurrency has actually been on a roll since the start of the year. Looking at a more micro-scale, indicating in the past month, ADA has blown out of the water most of its rivals.
Back on July 20th, when the whole market corrected, it disposed below $1. This came after taking off by more than 1,200% in the very first couple of months of 2021.
After the enormous retracement, though, ADA began to go back to its splendor days quickly. It doubled in value in a few weeks, kept climbing, and broke above its previous ATH simply recently, as reported.
Nevertheless, it didn’t stop there and continued north. Just hours ago came the most recent record at $2.95 (on Bitstamp). Being 194% up because July 20th and more than 1,500% up YTD has, somewhat expectedly, captured the attention of the neighborhood.
Santiment reported that the variety of mentions of the Cardano and ADA hashtags went through the roof on Twitter during the weekend. The analytics business indicated that this growing engagement “will have a major hand in whether rates continue towards $3 and beyond.”