The third-most valuable crypto by market cap\u00a0<\/strong><\/h2>\nThe most determinant factor of Cardano\u2019s (<\/span>ADA<\/span><\/a>) recent performance was the <\/span>announcement<\/span><\/a> of the targeted date for the <\/span>Alonzo<\/span><\/a> upgrade rollout.<\/span><\/p>\n
As announced, the blockchain will hard fork to bring smart contracts to the network on September 12.<\/span><\/p>\n
After weeks of coding, testing, and onboarding third parties, starting with exchanges and wallet providers, IOHK will hard fork both testnet and mainnet.<\/span><\/p>\n
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#Cardano<\/a> #smartcontracts<\/a> are coming\u2026<\/p>\n
We’re on track to meet the projected HF dates for both testnet & mainnet #Alonzo<\/a> upgrade, as Nigel outlined in last week update\ud83d\udc47<\/p>\n
A new era is set to begin on Sunday 12th September 2021 \ud83c\udf05 $ADA<\/a> pic.twitter.com\/HrdrqYizhP<\/a><\/p>\n
\u2014 Input Output (@InputOutputHK) August 17, 2021<\/a><\/p>\n<\/blockquote>\n
Cardano rallied over 27% during the past seven days as it became the world\u2019s third-most valuable crypto by total market capitalization, following the greatest ones, Bitcoin (<\/span>BTC<\/span><\/a>) and Ethereum (<\/span>ETH<\/span><\/a>).<\/span><\/p>\n
With a current $81,3 billion market cap, Cardano is ahead of Binance\u2019s native token Binance Coin (<\/span>BNB<\/span><\/a>), which got pushed back to the fourth palace on the chart.<\/span><\/p>\n
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There we have it; Cardano $ADA<\/a>, the 3rd biggest crypto by market cap breaks all Fibonacci levels and sets a new all time high. But I thought we were in a bear market? \ud83d\ude80\ud83d\ude80 pic.twitter.com\/sbAbPl3ZtG<\/a><\/p>\n
\u2014 CustomCrypto (@crypto_custom) August 20, 2021<\/a><\/p>\n<\/blockquote>\n
It\u2019s happening\u00a0<\/strong><\/h2>\nAlonzo Purple rollout phase began two weeks ago and is the culmination of months of work on the most crucial upgrade that will usher the smart contract functionality to the network, marking the beginning of the new Goguen era, as <\/span>roadmapped<\/span><\/a> by the developers.<\/span><\/p>\n
Most recently, IOHK introduced Cardano Stack Exchange, a new Q&A resource to support developers building on the network, where technical questions get answered by the community.<\/span><\/p>\n
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#Cardano<\/a> community never ceases to amaze!<\/p>\n
Yesterday we introduced you to #Cardano<\/a> Stack Exchange \u2013 a new Q&A resource to support developers #BuildingOnCardano<\/a>.<\/p>\n
Got a technical question? Sign up in under a minute, ask it and the community will answer! https:\/\/t.co\/UsI2iCxK7M<\/a><\/p>\n
\u2014 Input Output (@InputOutputHK) August 20, 2021<\/a><\/p>\n<\/blockquote>\n
As the developer team prepares for the \u201chuge wave of smart contracts\u201d that is going to hit the network soon, Cardano\u2019s creator Charles Hoskinson<\/a>, who continues with regular updates about the rollout progress, warned about snowballing frauds in a live stream, since \u200b\u200bmillions of dollars, in the Cardano ecosystem alone, get lost to giveaway scams each month.<\/span><\/p>\n
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Giveaway Scams https:\/\/t.co\/9hZvHqFqzD<\/a><\/p>\n
\u2014 Charles Hoskinson (@IOHK_Charles) August 18, 2021<\/a><\/p>\n<\/blockquote>\n
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<\/iframe><\/p>\n<\/div>\n<script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> \n \n <a href=\"https:\/\/cryptoslate.com\/cardano-ada-sets-price-highs-ahead-of-smart-contract-update\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform is on track with completing its smart contract mission as the announcement of the hard fork date, which will mark the downing of the new era, boosted the token\u2019s price to its record high of […]<\/p>\n","protected":false},"author":1,"featured_media":4572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[155,550,143,1453,1276,124,3403,423,426],"class_list":{"0":"post-4571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cardano","8":"tag-ada","9":"tag-ahead","10":"tag-cardano","11":"tag-contract","12":"tag-highs","13":"tag-price","14":"tag-sets","15":"tag-smart","16":"tag-update"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/4571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=4571"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/4571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/4572"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=4571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=4571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=4571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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