Cardano leads tepid crypto market restoration forward of Memorial Day By Cointelegraph

0
SHARES
0
VIEWS


Cardano leads tepid crypto market recovery ahead of Memorial Day

Cardano’s ADA cryptocurrency was back in the spotlight Sunday, leading a tepid market recovery following news that the developer network was inching closer to launching smart contracts.

Market update

The combined value of all cryptocurrencies rose 4.4% on Sunday to $1.6 trillion, according to data from Coingecko. Among the majors, it was Cardano’s ADA leading the rally with a 17% gain. ADA peaked at $1.70, according to TradingView, and was last seen hovering just north of $1.63.

ADA posted a strong rebound on Sunday after languishing for much of last week. Source: TradingView.

What’s driving ADA?