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The Price of Cardano Grows by 15% After the Announcement of the Smart Contracts Rollout Plan

Cardano reached $1.70 on Sunday, returning to the fourth place as the biggest cryptocurrency, surpassing Binance coin (BNB). Like just about every other cryptocurrency, ADA also went through a price correction these past two weeks.

Before that, ADA had reached a new ATH of $2.47. The price has recovered since from the $1 level and reclaimed the $1.60 one.

Cardano confirmed its plans for its smart contract rollout the previous week, named Alonzo. It will begin with Alonzo Blue this summer, and it will end with Alonzo Purple in autumn, probably September.

One other important moment that Cardano hit recently is one million ADA wallets.

As of now, Cardano has more than 2,500 active pools which are staking around $33.95 billion in ADA.

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