Since May ADA return to $2 first time

ADA/USD Showed up a quick high after the heavy problems and finally reached and crossed $2 on Thursday. As per the data we have right now the ADA/USD pair is at $2.03 and having a good maintenance around the price.

Since May ADA return to $2 first time

The move was accompanied by impending technological upgrades, notably smart contracts on Cardano, something popular trader Lark Davis described as a “very bullish catalyst.”

Lark Davis who is a very popular Trader said that this is a very “bullish catalyst” about ADA.

This bullish effect is also helped  by the technological upgrades they have done notably with Cardano,…

“A mere 6X would give it the same market cap as Ethereum,” he noted, forecasting potential gains of “several hundred percent” once the smart contract feature goes live.

“Maybe one day Cardano will be 50X, but it is not super likely across short time frames considering the market cap.”

ADA was thus the second best performer on the day, just behind The Graph (GRT).

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