The price of Cardano (ADA) rose 92.5% over the week. The cryptocurrency has secured the fourth place in the rating by capitalization with an indicator of $ 21.2 billion.
The coin hit $ 0.708 on Sunday, February 7, but later pulled back to $ 0.580. At the time of writing, the asset is worth $ 0.670, according to CoinGecko.
In the rating by capitalization, Cardano moved XRP from Ripple to the fifth line with an indicator of $ 19.6 billion.
Data: CoinGecko
Earlier, the developers announced the Allegra hard fork on the Cardano network. According to them, the upgrade will improve the efficiency of the blockchain, add token blocking functionality and be an important step towards a major upgrade to Goguen.
Note that on January 27, asset management company Grayscale Investments filed applications for registration of six new trusts, including those based on Cardano.
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