@BOMBERuss 28 March 2022 more from that month

The largest #altcoin ether (#ETH) is trading at $47,251 today. #Cardano (ADA) is a competitor of this digital asset. Its developers last year activated the option to launch smart contracts on the #blockchain. From that moment on, the value of ADA began to add, and the #network on which the asset is based began to gain a foothold in the market of decentralized #DeFi financing. The #ADA #exchange rate strengthened on March 28 to $ 1.2, the capitalization of this cryptocurrency increased to $41.99 billion. The launch of the option to deploy smart contracts on the blockchain is the most important stage in the history of Cardano, according to both the network developers themselves and third-party observers. Since May 2021, ADA has been moving along approximately the same trajectory as the ether since January 2017. While Cardano is holding above $1, altcoin has plans to take the coin up to $1.25 and even higher. Interest in this digital asset is growing both in the spot and futures markets. Institutional investors highly value the long-term potential of ADA and invest in products focused on this asset. According to CoinGlass, open interest in Cardano futures exceeded $564 million - this is the maximum value since mid-January 2022.