Cardano’s ADA Hits New All-Time High at $2.55

Cardano’s ADA Hits New All-Time High at $2.55

Slightly over half an hour ago, ADA set a new all-time high above $2.50

The third largest crypto on CoinMarketCap, Cardano’s native asset ADA, has finally reached a new historic peak.

After demonstrating a rise of nearly 20 percent in the past twenty-four hours, ADA has reached the $2.55 level, leaving the previous all-time high of $2.46 set back in May.

Image via CoinMarketCap

ADA has been rising massively after the announcement was made that smart contracts would be implemented on the blockchain in September as soon as the Alonzo hard fork goes live.

The price began rising even prior to the announcement, on Friday, August 13, when the coin hit the $2 level.

Image via CoinMarketCap

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