How Cardano’s Ada, an Alternative to Bitcoin, Cracked the Crypto Market | WSJ

What you need to know about the popular altcoin.

The price of Cardano’s Ada soared this summer as it again became the third-largest cryptocurrency by market capitalization. WSJ explains what drove the surge and how the cryptocurrency differs from others like Bitcoin and Ethereum. Illustration: Tom Grillo/WSJ

WSJ Explains
News moves fast, and there’s not always time to untangle the complex forces driving the day’s biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.

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