cardano price analysis

Cardano is currently in a very important transition phase moving towards smart contract integration, scheduled to go live in August. The blockchain is currently in the last phase of the Alonzo smart contract hard fork that would make it compete against the likes of Ethereum, Solana, and Polkadot.

The Alonzo testnet is a part of the Goguen era also known as the smart contract era and is scheduled to launch in different phases. The first phase Alonzo blue went live on May 27 while the remaining ones are scheduled to go live within the next couple of months.