In anticipation for the Alonzo Smart Contract rollout, ADA has seen the second largest weekly inflows (10.1mn based on CoinShares weekly report) pushing it to all time highs (~101B Market Cap) over the past month. ADA has been performing well even during ETH's troughs as it is an alternative DApp platform to ETH. I expect to see a near-term pullback on ADA's price with the Alonzo roll-out since there has been a lot of anticipation around it, but after I see a dip to around ~72B Market Cap I will look for re-entry on ADA for the long-term play.
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