Cardano (ADA) is a proof-of-stake blockchain that allows for smart contracts and decentralized apps to be built upon it. Cardano took the crypto world by storm earlier this year. When it was announced that Cardano would implement smart contract capabilities, many people suddenly wanted to purchase ADA. The price of Cardano pumped. This time last year the price of Cardano was $0.12 CAD. After the announcement, the price jumped to an all-time high of $3.92 CAD in September, 2021. Many Canadians believe Cardano to be a good investment because it fundamentally has good technology and an impressive team led by Charles Hoskinson, Co-founder of Ethereum.