Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Cardano ADA rises to new all time high in Friday’s trading

% of readers think this story is Fact. Add your two cents.


Cardano (ADA) traded at new all-time highs on Friday as anticipation among crypto traders grows over a key technology update for the blockchain platform.

The ADA crypto token traded up 20% to US$2.55 in the small hours of Friday, taking its market cap to over US$80bn – strengthening its position as the third-largest crypto by value (an accolade set earlier this week).

It leaves Cardano trailing only Bitcoin and Ethereum, which have market caps of US$887bn and US$376bn respectively.

Cardano: What is it and what does the future hold

Traders and cypto-evangelists are eyeing an anticipated upgrade that will add ‘smart-contract’ functionality to the Cardano platform, which will go some way to close the technology gap to Ethereum.

It potentially positions Cardano as a rival crypto platform for both decentralised app developers and decentralised finance ventures, which at present largely use Ethereum.

Cardano is positioned as a scalable and environmental responsible crypto platform, using a ‘proof of stake’ methodology that doesn’t require the same high-level energy-sapping compute as Bitcoin.

Friday’s crypto trading also saw Bitcoin rise 6.2% to US$47,209 whilst Ethereum added 7.18% to US$3,204.

Smart contracts are self-executive computer programs that allow certain transactions to be conducted without an intermediary.

The use of smart contracts for a wide range of activities such as games, lending and the trading of non-fungible tokens (NFTs) has led to the growth of a number of blockchain platforms, most notably Ethereum.

Story by ProactiveInvestors


Source: http://www.proactiveinvestors.com/companies/news/958255/cardano-ada-rises-to-new-all-time-high-in-fridays-trading-958255.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.