After the successful release of its 1.5 mainnet, Cardano (ADA) has broken out from its normal trading range, reaching 2019 highs. It appears that after consistently meeting development and restructuring the Cardano Foundation that cryptocurrency enthusiasts are beginning to take notice.
Previously, Cardano was trading between $0.0363 and $0.0534 over the last three months. Within hours of the 1.5 release, the upper bound of this range was once again tested with Cardano jumping from $0.0502 to $0.0537, a 7 percent increase. Within 48 hours ADA broke out of its normal trading range and hit $0.0549, triggering a round of sell-offs: