Cardano altcoin price has reached a historical maximum

Altcoin rises in price ahead of important Alonzo blockchain updаte scheduled for Sept. 12
Cardano altcoin price has reached a historical maximum

The cost of Cardano token in the morning of August 2 updated a historic high at $3.09. During the day, the cryptocurrency rose by 9%. The capitalization of Cardano increased to $97.4 billion. Over the past month, the rate of altcoin increased by 138%. In August, the asset took the third position in the list of the largest cryptocurrencies by capitalization, displacing Binance Coin and stabelcoin Tether.

Cardano price is growing against the backdrop of rising bitcoin, the cost of which one day increased by 5% and the morning of August 2, exceeded $ 50 thousand. Also rise in price Cardano may contribute to the upcoming updаte Alonzo, which is scheduled for September 12. The hardfork will add support for smart contracts and the ability to create decentralized applications (dApps) to Cardano’s blockchain.

In August, interest in Cardano cryptocurrency in Russia peaked in mid-May. Users from the Kaliningrad region search most frequently for information about Cardano in Google search engine. In second place by this indicator the city of Moscow, in third place – the Nizhny Novgorod region. Also popular queries “cardano forecast” and “cardano rate”.

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The post was written by Crypto Expert John Belford

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