Cardano Price has renewed its ATH

Altcoin rises in price ahead of major Alonzo blockchain update slated for September 12.

The value of the Cardano token on the morning of August 2 renewed its all-time high at $ 3.09. During the day, the cryptocurrency has risen in price by 9%. Cardano’s capitalization has increased to $ 97.4 billion. Over the past month, the altcoin rate has grown by 138%. In August, the asset took the third position in the list of the largest cryptocurrencies in terms of capitalization, displacing Binance Coin and the stablecoin Tether.

The price of Cardano is growing against the background of the rise in the price of bitcoin, the cost of which increased by 5% per day and exceeded $ 50 thousand in the morning on August 2. The hard fork will add support for smart contracts and the ability to create decentralized applications (dApps) to the Cardano blockchain.

In August, interest in the Cardano cryptocurrency, for example, in Russia peaked since mid-May. Most often, information about Cardano is searched for in a Google search engine by users from the Kaliningrad region. The second place in this indicator is the city of Moscow, the third is the Nizhny Novgorod region. Queries “Cardano forecast” and “Cardano rate” are also popular.

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