Despite the huge collapse in the markets, Cardano is currently ranked in the top 3 of the world’s largest capitalized cryptocurrencies.
ADA, the native cryptocurrency of the Cardano blockchain, was able to challenge the markets and increase its price during a bloodbath caused by bitcoin’s largest price drop in history, after several weeks of spectacular price performance, dethroning BNB in the process.
Cardano (ADA) rising
Currently, the market value of ADA stands at $ 39.6 billion.
Cardano (ADA) reported a huge increase in the past 24 hours. The price broke the all-time high of $ 1.33, reaching a level of $ 1.38.
Cardano Will Have a New Language
Cardano is approaching a new milestone today. Technology company MuKn and IOHK, responsible for the development of Cardano, announced a partnership aiming to develop a language that optimizes the execution of smart contracts on the blockchain.
Glow is a domain-specific language that allows easy development of dApps in Cardano. Theoretically, this language will make dApps more secure and less complex. According to MuKn’s Co-Founder Francois-Rene Rideau, the partnership with Cardano facilitated the development of this language.