Cardano<\/strong><\/a> traded largely flat going into Monday as last week’s rally took a breather.<\/p>\n What\u2019s Moving?<\/strong> ADA traded 0.77% lower at $2.13 on an intraday basis. On a seven-day trailing basis, Cardano has soared 50.05%.<\/p>\n Against major cryptocurrencies Bitcoin<\/strong> (CRYPTO: BTC) and Ethereum<\/strong> (CRYPTO: ETH), ADA traded 2.45% and 1.67% lower, respectively.<\/p>\n Since the year began, ADA has shot up 1,116.16%.<\/p>\n See Also: <\/em>How To Buy Cardano (ADA)<\/em><\/a><\/p>\n Why Is It Moving? <\/strong>The Charles Hoskinson<\/strong>-created project\u2019s Alonzo upgrade that will bring in smart contract functionality will be launched on Sept. 12, said<\/a> Nigel Hemsley<\/strong>,\u00a0<\/strong>head of delivery for Cardano.<\/strong><\/p>\n ADA was trending on Twitter Inc\u2019s<\/strong> (NYSE:TWTR<\/a>) platform at press time. The cryptocurrency was among the most mentioned coins on the social media website, as per Cointrendz.com.<\/p>\n Meanwhile, the Cardano Foundation<\/strong> has confirmed<\/a> that the Cardano Summit 2021 will take pace between Sept. 25-26.<\/p>\n See Also: <\/em>Cardano Founder Says The Only ‘Ethereum Killer’ Is Ethereum 2.0<\/em><\/a><\/p>\n<\/p><\/div>\n