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

Cardano's ADA managed to break its former all-time high and, for the first time ever, broke above the significant milestone of $3.

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

  • For the first time ever, ADA – Cardano’s native cryptocurrency – broke above the significant milestone of $3.
  • The cryptocurrency is up more than 10% in the past 24 hours, solidifying its place as the top 3 coin by means of total market cap, which currently eyes $100 billion.
adausdt_chart
ADA/USDT. Source: TradingView
  • At the time of this writing, the cryptocurrency is trading at around $3.08.
  • This comes on the back of a broader market increase.
  • Bitcoin gained over 4% in the past 24 hours and is once again eyeing the coveted $5K mark, while Ethereum’s ETH is up more than 7%, currently trading above $3760.
  • The total cryptocurrency market capitalization is up over $100 billion in the past 24 hours alone, right now sitting at $2.3 trillion, according to CoinGecko.
  • ADA’s impressive gains come ahead of the much-anticipated launch of smart contract capabilities on Cardano’s network – something that the community is eager for quite some time.
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George Georgiev
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Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over 8 years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.