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Cardano Price Will Double in August, Says Crypto Expert

  • Crypto expert Lark Davis says ADA price will double in August.
  • Cardano basks in the spotlight from some great achievements.
  • The firm behind Cardano is in a hiring frenzy.

Crypto expert Lark Davis Tweets that he expects Cardano (ADA) will shoot up following the smart contract launch in August. He mentioned that users will probably see the price double in the lead-up to the event. With this, Lark caught the attention of many crypto enthusiasts.

Moreover, Cardano remains in the spotlight due to the team marking some fantastic achievements. The firm behind Cardano is hiring more staff. They are creating new job openings right before the August launch of the Alonzo upgrade.

As such, this much-awaited update will add smart contract functionality to ADA. Tim Harrison, the IOHK marketing and communications director, says that the firm is in a hiring frenzy amid the soaring interest in the smart contract platform.

Notably, in early April, San-Francisco-based exchange — Coinbase, tweeted about ADA. Specifically, it said that ADA is now amongst the biggest cryptos in terms of market cap.

Besides the tweet, Coinbase also went into full detail about Cardano. It said that Cardano has a flexible design, is sustainable, and is a much more scalable blockchain platform.

To add to that, it isn’t easy to talk of the biggest cryptos without including Cardano (ADA) at this point. To be specific, as part of ADA functionality, it is used for operating smart contracts. Also, it works as a gateway for creating different kinds of DeFi apps. Not just this but, ADA enables developers to generate new crypto tokens, games, etc.

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Calev Ford

A Computer Engineering graduate who writes news focuses on cryptocurrency-related and blockchain technology. He is enjoying using his skills to contribute to informing people of the exciting technological advances that happen every day.

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