Cardano’s ADA has recently taken over the crypto world with a lot more than Bitcoin and even Ethereum have had to deal with.
Surveys and reports revealed that around 30% of investors surveyed in the general survey showed an upward trend when it comes to Cardano.
Cardano rising steadily
The above-mentioned reports and surveys, which have been extensively conducted and analyzed, revealed that Cardano reached an all-time high in February 2021, with a trade volume of $ 20 billion.
This success enabled Cardano to rise to the fourth place in terms of market value. Now ADA 6th largest.
In fact, the recent gradual advance of ADA has been so shocking for investors and the cryptocurrency community that Voyager CEO Steve Ehrlich claimed that Cardano temporarily outperformed Bitcoin was indeed unexpected.
Steve can’t wait to see how other cryptocurrencies will react and what innovations they can unleash.
Bitcoin is still the most liked
Cardano may have a stable supply in terms of both popularity and interest, but many top venture funds feel ADA has a long way to go.
Still, the recent success of the digital asset should not be underestimated. In fact, a particular investor used a $ 1,200 incentive check for ADA and managed to earn more than $ 40,000 as part of his overall investment.
All in all, all this just highlights the increasing prevalence of cryptocurrencies, and numerous sources state that it is very likely to remain that way in the foreseeable future.
However, Bitcoin remains the undisputed king of the industry for now, but ADA, along with other popular options such as ETH, DOT, and LINK, remains immensely popular.