- Cardano reached a new all-time high of 2.97 USD a few days ago
- The team is gearing up for the upcoming Alonzo Hard Fork
- The hard fork will introduce smart contracts within the Cardano platform
Back on August 23, 2021, ADA reached a new all-time high of 2.97 USD according to coin information websites. This event made Cardano the third-biggest cryptocurrency by market capitalization. Because of this, many traders are flocking in giving the asset almost 10 billion USD in 24-hour trading volume at the time of writing.
Just today, ADA launched in Japan. According to Charles Hoskinson, the founder of Cardano, he was waiting “a very long time” for this day. He congratulated the community and thanked everyone for the support. He even quoted a very famous haiku in his tweet:
Ada launching in Japan in ten minutes. I’ve waited a very long time for this day. Congratulations and thanks to the community there:
A monk sips morning tea,
the chrysanthemum’s flowering.
— Charles Hoskinson (@IOHK_Charles) August 24, 2021
“A monk sips morning tea, it’s quiet, the chrysanthemum’s flowering.” — this haiku is a very popular written work by the Japanese author Matsuo Basho. Many attribute this written work to bringing a measure of calm into a very hectic life.
Aside from this, Hoskinson also gave new updates in a live stream. According to him,
Everything is on schedule and everything is looking good.
He also mentioned that their team will be toying around hard fork and testnet.
Because of the rising gas fees in Ethereum, Cardano has often been dubbed as an “Ethereum killer” as it solves that very issue. With the Alonzo hard fork, they will be offering massive value to their users as they implement smart contracts.