With Cardano at the cusp to enter into the Goguen era with the implementation of Alonzo Purple, it marked the deployment of the first fully public Cardano testnet that supports the smart contract functionality. With the tentative launch of Cardano mainnet by the end of August/early September, Cardano’s infrastructure will provide the groundwork for the development of dApps and the creation of new assets on the Cardano blockchain, therefore, making it smart contract efficacious.
The support to the lower side is present at $2.45 while it may face resistance at the levels of $2.85 and $3.15.