What is happening with Cardano ($ADA )
- The price of ADA has increased by 100% in the last month.
- The price of ADA is expected to surpass 2 dollars in the next month.
*Why is the price of ADA increasing?*
- Improvements in the scalability and smart contracts of the Cardano network.
- The layer 2 scaling solution Hydra has allowed the network to increase its speed.
*What does this mean for investors?*
- Altseason (altcoin season) is around the corner, which may favor the growth of ADA.
- Cardano is differentiating itself from other cryptocurrencies like Solana and Ethereum thanks to its improvements in governance and technology.