Cardano (ADA) has been on a hot streak recently. The price of ADA has seen increasing growth in the market. After crashing down close to $1, the digital asset has now bounced back up to reclaim its place on the market charts. The price dips from the last two months have not seemed to have had much of an effect on the price of the digital asset, as the price has now come back up above $2 as if it had not been struggling before. Related Reading | Cardano (ADA) Records 13% Price Gains In 24 Hours, Is $2.20 Possible Again? With this new point broken for the first time in months, the next target for the asset remains the all-time high which it had hit in May before crashing back down. The $2.20 all-time high price point is close now than ever. And it is most likely that the price will hit this target in no time, given that the market maintains the current momentum and price trajectory. Good News Sending Price Barreling A wave of good news has rocked the Cardano community recently. The launch of the Alonzo Purple public testnet will be the final test phase of the project, which will end in the network finally getting smart contracts capability. The dev team announced the launch of the public testnet on Twitter. Explaining that the testers from the previous Alonzo White and Blue testnets will be used to carry out the testings. Along with interested developers who will be granted access to the network. Related Reading | Card...
