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Cardano's ADA Token Tripled in February to Outperform CoinDesk 20

Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.

By William Foxley

Updated Mar 8, 2024, 4:20 p.m. Published Mar 1, 2021, 5:52 p.m.

Cardano's ADA token posted the fastest returns among the CoinDesk 20 digital assets during February.