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Cardano (ADA) has hit its latest all-time high with a value of $2.64.
Data showed the altcoin surpassed the $2.60 mark in the small hours of August 22. The third most valuable cryptocurrency by market capitalization had made another attempt at the $2.60 threshold on August 20. However, it fell short at $2.58 and, by the evening of August 21, had slid back down to $2.40. ADA then made another steady climb, smashing its previous records and settling on $2.64. At time of press, the price was hovering just under this mark at $2.61.
This milestone is the prize for a somewhat turbulent week for ADA. It began last Sunday at $2.19, but by Wednesday (Aug 18), the token’s price had taken a tumble down to $1.92. It was from here that ADA spiked again and made plays for the all-time high. This month, it also overtook both Tether (USDT) and Binance Coin (BNB) in the market cap rankings.
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