Cardano (ADA) Jumps Amid Announcing The Update About The Smart Contracts

ADA jumped to $2.53 for now, which is higher comparing to the level on which it was trading throughout the day. Currently, there are more than 32 billion ADA coins with a total supply of $45 billion. The price of crypto has jumped after the announcement of the developer of Cardano about the ability to support smart contracts. The update was scheduled for September 12 and it will provide ADA with the great opportunity to compete with Ethereum and Binance Smart Chain.
Cardano Successfully Deploys Alonzo HFC, But Why Is Price Down?Reminder, that blockchain Cardano is operating on consensus algorithm base Proof-of-Stake. Staking is enabling the feature to earn on the keeping of tokens and consequently provides the working capacity of the blockchain. Just recently, it was announced that Cardano Foundation will operate together with RegTech provider Coinfirm in the sphere of AML and CFT analytics. It will ensure the stock exchanges and others with the ability to track the history of ADA tokens movements in the wallets of the clients. 

Agneta Johansen

Agneta is still enjoying her trips to Asia and Africa while she works at Own Snap as an author and reporter. Very soon she will settle somewhere in Europe and run her startup enterprise.


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