DeVere CEO Nigel Green Calls New All-Time High For Cardano (ADA) In 2022

‎‏‏‎‏‏‎‏‏‎According to Nigel Green, the Chief Executive of deVere Group, Cardano (ADA) will show its strength and soar to new highs this year.

Green wrote that the price of ADA went up earlier this week due to the excitement over the launch of SundaeSwap, the first Cardano-based decentralized exchange (DEX).

On January 11, ADA was trading at $1.11, from where it jumped 44% to $1.60 on January 18.

“The main reason why Cardano has jumped dramatically in price over the last week is due to the enthusiasm surrounding the launch today of SundaeSwap, which will make use of its pioneering underlying blockchain technology.”

The deVere Group Chief Executive believes that ADA could break new all-time high this year as the smart contract platform enters the 3rd stage of its five phase development road map, with the purpose of improving the scalability and interoperability of the Cardano network.

“I’m confident that we will see Cardano hit fresh all-time highs before the end of the year because the upgrades just keep on coming.
Inevitably, this is going to excite investors who are likely to increase their exposure to the cryptocurrency, driving up its price considerably.”

According to Green Cardano is a seriously taken rival and eventually will claim market share from the two leading cryptocurrencies Ethereum (ETH) and Bitcoin (BTC).