CardanoADA
CardanoRank: # 11
Market Cap: $ 22,474,227,832
Volume (24hrs): $ 926,385,637
Circulating Supply: 36,140,694,507 ADA
Price in BTC: Ƀ 0.00000560
Change (1 Hr): 0.08%
Change (7 Days): 5.35%
Change (30 Days): -11.78%
All Time High: $ 3.09
All Time High Date: September 2, 2021
Cardano Coverter:
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$ 0.6216224.89%
Cardano Coverter:
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$ 0.6216224.89%
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- Historical Data
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* Currency in USD
| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Ether rally to $3K this week highly likely: Here is whyCointelegraph.com News - 1 hour agoEther’s price rally is backed by soaring institutional investor flows and a bullish market structure. Is a rally to $3,000 possible this week? Key takeaways:Ether…
- Many see stablecoins soaring to $2T in ‘handful’ of years: Ripple CEOCointelegraph.com News - 1 hour agoRipple CEO Brad Garlinghouse says the growth behind the stablecoin market has been “profound” as it announced BNY Mellon as the firm’s stablecoin custodian for…
- NFTs back? Snoop Dogg’s Telegram ‘gifts’ sell out in 30 minutesCointelegraph.com News - 2 hours agoThe NFT lead at the TON blockchain said Snoop Dogg’s sold-out NFT launch could “be the start of a new NFT Narrative.” American rapper Snoop…
- ‘See you at $150K,’ says Bitcoin bull after BTC taps new highsCointelegraph.com News - 2 hours agoEconomist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.…
- Binance founder’s family office backs BNB treasury firm eyeing IPOCointelegraph.com News - 4 hours agoBinance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in…
What is Cardano?
ADA is a crypto coin running on Cardano Settlement Layer (CSL) blockchain, the first and most secure blockchain based on Proof of stake mechanism validating the transactions. Cardano team calls their proof of stake mechanism Ouroboros. Unlike Proof of Work, where miners invest energy intensive computing power to mine each block, proof of stake chooses a random miner based on the size of the stake (value). In order to generate or mint a new block, a slot leader is chosen with a probability proportional to the amount of coins this node is carrying. So one of ADA's advantages over Bitcoin, Ethereum and other similar cryptocurrencies is its energy-efficient proof of stake transaction validation system. ADA is flexible like Ethereum due to a second layer Cardano Computational Layer (CCL) which supports decentralized applications and smart contracts.
ADA was initially created by Input Output Hong Kong (IOHK), a blockchain development firm. The project was led by Charles Hoskinson who was a former co-founder of Ethereum, Etereum classic and Bitshares. Presently the ADA team consist of three organizations i.e. Cardano foundation, IOHK, and Emurgo.
The major use of Cardano is the transfer of value. Future development of applications on CCL layer can provide the easy and economical payment solution to service providers such as Uber, Upwork, and alike.
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ADA
Cardano
- EUR
- USD
- GBP
- 0,530212 €
- $ 0.621622
- $0.457595