$ADA Breaks $3 Within Hours of Cardano Public Testnet Entering Alonzo Era

At 20:20 UTC on Wednesday (September 1), Cardano’s public testnet hard forked into the Alonzo era, thereby offering support for Plutus smart contracts. Less than five hours later, Cardano’s $ADA finally break through the $3 level to set a new all-time high.

As IOHK (aka “IOG”), the blockchain technology firm responsible for the development of the Cardano protocol, announced on Twitter roughly an hour after the Alonzo hard fork event, the next major milestone for Cardano is the mainnet upgrade on September 12.

According to data by TradingView, on crypto exchange, on Krake, around 05:58 UTC, the $ADA price reached $3.0965, which is so far today’s intraday high and the new all-time high.

Currently (as of 7:40 UTC on September 2), $ADA is trading around $3.0459, up 9.30% in the past 24-hour period.

Apparently, yesterday (September 1), according to the operator of the French stake pool Yard, Cardano was being discussed on French TV:

$ADA was reportedly also being discussed on CNBC:

Among Cardano’s many fans is NFT artist Emma Lim, who says that Cardano is the best crypto project to invest in.

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The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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