#ada ath

After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months. Related Reading Cardano Holds Crucial Support Despite Pullback On Thursday, Cardano experienced an 11% drop after surpassing the $1.00 barrier for the first time since…

Cardano Allocates $100M For Defi & NFT Development, Can it Boost $ADA Price?

Cardano’s financial arm Emurgo allocated $100 million towards the development of the Defi and NFT ecosystem. The financial boost can help Cardano become a hotspot for upcoming Defi and NFT projects as the blockchain became smart contract compatible post-Alonzo upgrade. Emurgo’s CEO Ken Kodama said, “We are more focused than ever on accelerating the development of Cardano’s ecosystem with a rich…

Cardano (ADA) Posts New ATH of $3.10, Hoskinson Wins Another Bet Before Alonzo Uprgrade

Cardano (ADA), the third-largest cryptocurrency by market cap posted a new ATH of $3.10 crossing the $3 barrier for the first time. The altcoin surged over 12% in the past 24-hours and has weekly gains of over 18%. The new ATH also came just a day after Cardano launched the final testnet before the scheduled Alonzo hard fork on September 12. So there we have it. Since c. 20:20 UTC today, the…

Here’s Why Cardano ($ADA) Can Touch $3 Before September 12

Cardano ($ADA), the third-largest cryptocurrency by market cap is currently trading at $2.72 with a 7% surge over the past 24-hours. The altcoin had a phenomenal August, where it more than doubled its price and posted a new ATH of $2.97 just shy of the $3 mark earlier this week. The price surge for ADA is being attributed to the slew of developments on the blockchain as it nears the major upgrade…

Cardano (ADA) Becomes Third Altcoin After Terra and Solana to Hit ATH, Who’s Next?

Cardano (ADA) reclaimed the third spot earlier today on the back of a 22% surge that saw the altcoin post a new ATH of $2.55. Cardano has now joined Terra (LUNA) and Solana (SOL) to become the third altcoin to reach a new ATH after the market crash in May. ADA rose from a daily low of $2.05 to post the new ATH. Source: TradingView SOL became the first altcoin to hit ATH after it breached the $80…

Bitcoin (BTC) Price Sets Eyes on $50K as BlackRock and Wells Fargo Reveals BTC Investment

Bitcoin (BTC) jumped from a daily low of $44,161 to record a new daily high of $47,348, seeing a gain of over $3,000 over the past 24-hours. The top cryptocurrency managed to bounce back from the key support level of $43,935 and just a couple of rallies away from setting a new 3-month high above $48,000. Source: TradingView The immediate resistance for the top cryptocurrency lies just above…

Cardano (ADA) Eyes $2.50 as Crypto Exchanges Begin Smart Contract Integration

Cardano (ADA), the fourth largest cryptocurrency experienced a minor pullback from its 3-month high of $2.25. ADA was trading at $2.08 down by 4% over the past 24-hours. The altcoin closed 6 daily green candles on the back of 65% weekly gains before the minor price slump. ADA price rise is being attributed to the slew of developments on the Cardano blockchain with Alonzo hard fork. The…

Cardano (ADA) Post 12-Week High As Alonzo Upgrade Nears, Here’s Why it Will Break ATH

Cardano (ADA) extended its weekly gans to 44% today after registering a new 12-week high of $1.99. The fourth-largest cryptocurrency has been on a song since the launch of the Alonzo Purple upgrade.  The Alonzo Purple upgrade would be followed by smart contract integration on the network that would allow Cardano to host Dapps and compete against the likes of Polkadot and Ethereum. Source:…