Cardano solidified its position as the third-largest cryptocurrency behind Bitcoin and Ethereum after it soared beyond $3.00. This price rally comes on the heels of several impressive developmental offerings for the network including its experimentation with smart contracts and the ERC-20 converter bridge amongst others.
After months in fourth place, Cardano’s ADA ascended into third place in a price rally that captivated the entirety of the cryptoverse. The spike in prices saw Cardano exceed $3.00 and go on to set a new all-time high of $3.10. Market capitalization for the asset now straddles the $90 billion range which gives the asset a market dominance of 3.86%.
