Cardano ($ADA) has been one of the best performing cryptocurrencies of the past few months, having risen 700% since January 1st, 2021, and currently boasting a $39 billion market cap. This has pushed it up to the No.3 spot in cryptocurrencies, behind Bitcoin and Ethereum. Cardano is reputed to include some of the most promising features, backed by a strong team of developers, and a healthy release timeline.
As of 21:44 UTC, the Cardano network has successfully updated to the latest version, dubbed the ‘Mary’ protocol update. This adds a number of important new features that will further strengthen its reputation and investor confidence.
ADA is currently trading at $1.22, down from an all time high of $1.48 which it reached on Sunday. However, it could easily hit new ATHs in the coming weeks.