Will Cardano Be Worth More Than $1 Again?

Since its creation in 2017, Cardano (CRYPTO: ADA) has spent most of its existence trading for less than a dollar. In September 2021, the introduction of smart contracts caused the price to hit an all-time high just shy of $3.

From that all-time high, however, Cardano has continued to put in lower lows week after week and currently trades for only about $0.50. Yet there's a glimmer of hope for Cardano.

Image source: Getty Images.

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Source Fool.com