Cardano leads tepid crypto market recovery ahead of Memorial Day

Cointelegraph

Published May 30, 2021 12:42PM ET

Updated May 30, 2021 02:20PM ET

Cardano’s ADA cryptocurrency was back in the spotlight Sunday, leading a tepid market recovery following news that the developer network was inching closer to launching smart contracts.

h3 Market update/h3

The combined value of all cryptocurrencies rose 4.4% on Sunday to $1.6 trillion, according to data from Coingecko. Among the majors, it was Cardano’s ADA leading the rally with a 17% gain. ADA peaked at $1.70, according to TradingView, and was last seen hovering just north of $1.63.

ADA posted a strong rebound on Sunday after languishing for much of last week. Source: TradingView.
h3 What’s driving ADA? /h3

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