Will Cardano reach US$100?

Cryptocurrency, Cardano, has recovered slightly from the recent crypto correction with a current price of US$1.31 and a market cap of US$42.23 billion.

*Cardano is a platform that uses its cryptocurrency, Ada, and works much in the same way as Ether does to the network Ethereum.

*Cardano’s biggest improvement is its proof-of-stake consensus as opposed to proof-of-work.

*There are concerns that Ethereum 2.0 will render Cardano obsolete, given Cardano has no smart contracts – a vital factor in the functionality of a blockchain system.

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