Cardano (ADA) Is Moving Towards Its $2.45 ATH

Today, Cardano (ADA) continues to move towards its $2.45 all-time high from May 2021. Currently, ADA trades at $2.03 with a 24-hour trading volume of $6,311,328,447. It has gained 11.26% within the last 24 hours.

If ADA can perform the same strategy and performance that they had from May 14 to May 17 this year, the price can hit its ATH in a span of 3 days. Looking at the charts, the increase was 36.18% in a span of 3 days.

Thus, if nothing extraordinary happened, ADA is without a doubt touching its $2.45 ATH anytime soon.

Recently, Cardano has been showing some impressive bullish signals with the left and right good news such as the Alonzo hard fork. Thus, another bull run may be imminent as the announcement of the Alonzo mainnet release is just around the corner.

In fact, Charles Hoskinson, Cardano’s Founder, shares the latest update about where his project is at right now. The Cardano team has been hard at work to fulfill the project’s dream of building a fully functioning enhanced blockchain. So far, the Alonzo hard fork has been staying on track.

Lastly, another factor that makes Cardano’s bullish momentum unstoppable is the recent announcement of its 2021 Summit. On August 9, Cardano and IOHK announced the news on their official Twitter accounts. According to the post, the Summit 2021 will be their biggest ever.