Cardano (ADA), about which we talked a lot in our book The World of Cryptocurrencies, reached a new All-Time High (ATH), thus outpacing Binance Coin (BNB) in the overall market capitalization and pushing this cryptocurrency to fourth place. The market capitalization of the Cardano cryptocurrency is currently $84,273,083,941, while the Binance Coin (BNB) cryptocurrency capitalization is $76,982,773,900.
The price of this cryptocurrency has risen by 22.52% in the last 7 days, which is a crazy number given such a huge capitalization. However, as for the change in the last month, it is an increase of up to 150%. Cardano went through several development phases, including the Byron basic phase and the Shelley decentralized phase, where delegated insertion was introduced. According to Cardano’s plan, smart contracts will enter the live phase when the project enters its third era, Goguen.
The cryptocurrency of Cardano is named after an Italian mathematician, philosopher, and astrologer named Gerolamo Cardano, who was born on September 24, 1501. At the height of astrology, Gerolamo was one of those who actively developed astronomy. On the contrary, the tokens of this cryptocurrency are again named after the English mathematician August Ada King-Noel, also known as Ada Lovelace. She was born on December 10, 1815, and became famous mainly for her detailed description of the operation of a mechanical computer.