Cardano's $3.09 ATH Lingers Five Years Later: Can ADA Reclaim Its Record?

Cardano's ($ADA) all-time high of $3.09 was set five years and 11 days ago, on September 2, 2021, just before the Alonzo upgrade introduced native smart contract capability to the network.

The Alonzo upgrade marked a significant milestone in Cardano's development, but since then, the token has been down 93.19% from its ATH of $3.09.

Cardano is currently trading at $0.21, and it would need to rally 1,371.43% to regain its previous record high.