The price of the cryptocurrency Cardano was up about 13% on Wednesday and about 20% in the past week.
Catalyst: Overall, the entire crypto market has been strong this week, but Cardano is jumping at a higher rate.
New Fund: Grayscale Investment released a new fund this week that will include digital currencies linked to smart contracts. That includes Cardano.
Final Thoughts: Even with the price increase, the value of Cardano is still down so far for 2022.
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