Cardano (ADA) breaks record high after Coinbase listing

The start of trading on Coinbase did not leave its mark on the ADA rate. The Cardano team is now focusing on untapped markets.Cardano (ADA) is one of the most consistent top performers in recent months. Not without reason: Since the scaling deficiencies of the Ethereum Blockchain are becoming more and more noticeable in the form of rising network fees, many hopes weigh on alternatives like Cardano. Since the youngest Hard Fork Mary ushered in the Goguen era in early March, Cardano has matured into a multi-asset environment that could develop into a hub for smart contract applications in the future. What expectations investors have in Cardano was indicated at the start of ADA trading on Coinbase Pro.The clock could have been set: 10 minutes after trading started on the largest US crypto exchange, the ADA price climbed to a new record high of 1.48 US dollars. The cryptocurrency took a steep leap in advance after Coinbase Pro had announced the start of trading two days earlier. The cryptocurrency was unable to maintain this level for long. At press time, ADA is back at $ 1.26, 14 percentage points below its high. In view of the project’s filling to-do list, however, the Cardano course should only sit down for a short time.Because Cardano is pushing for a mass market that has so far not been covered by the crypto infrastructure: Africa. During this year’s Africa Blockchain Conference, Charles Hoskinson, IOHK CEO, Cardano founder, and Ethereum co-founder, stated on March 18 that the project was “on the cusp of deals and initiatives this year”, “which millions of users through public — Bringing private partnerships into the Cardano ecosystem ”. Accordingly, the company behind Cardano, IOHK, “is currently working with local governments to integrate Atala PRISM, a Cardano-based digital identity management solution,…