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Crypto: Cardano Hits an All-Time Record by Surpassing $ 3

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Cardano (ADA) has soared more than 9% and has reached a new all-time high in the early hours of this Thursday.

Observed movements

The cryptocurrency founded by  Charles Hoskinson hit the $ 3.04 mark before press time.

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At the time of this publication, ADA was trading 9.06% higher at $ 3.02 after a 24-hour tracking period. During the week, ADA has advanced 14.59%.

ADA was up 3.79 and 0.05% against  Bitcoin (BTC) and  Ethereum (ETH) respectively over the course of 24 hours.

Since 2021 began, ADA has risen 1,612.91%.

Why is it moving?

Cardano  will launch smart contracts this month , which has given the cryptocurrency an upward momentum.

ADA is right now the  third largest coin by market capitalization at $ 96.55 billion .

On Thursday, ADA was in the top 10 most mentioned cryptocurrencies on Twitter, according to Cointrendz data.

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