Cardano has seen gigantic increases over recent times. Growing volume, capitalization and ADA price has caused this token to overtake Binance Coin and currently sits at number 3 in terms of market capitalization.

The price today was $1.47. This marks a new ATH for this cryptocurrency. It surpasses the previous price record, which was in January 2018 and was around $1.33 per unit.

A new programming language in the Cardano ecosystem is largely responsible for the increases. The tech startup and the company responsible for developing Cardano have announced a partnership. The collaboration will aim to develop a language that optimises the execution of smart contracts on the blockchain.