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Cardano’s market cap flips Bitcoin Cash (BCH) after ADA rallies by 100%

From cointelegraph.com

The price of Cardano (ADA) rose more than 100% in the past week as it overtook Bitcoin Cash (BCH) to become the world’s sixth-largest cryptocurrency by market capitalization. There are two major factors behind ADA’s strong upsurge throughout the past several weeks. First, most major cryptocurrencies saw large rallies following BTC’s uptrend to $36,400 and Cardano has some important network upgrades lined up in 2021.Cardano launched the Shelley mainnet in 2020, kickstarting the growth of Cardano as a proof-of-stake blockchain protocol. The release of Shelley was a major milestone for Cardano, which led the overall ... (full story)

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  • Category: Fundamental Analysis