Cardano
CardanoRank: # 12
Market Cap: $ 12,968,487,947
Volume (24hrs): $ 431,728,118
Circulating Supply: 36,662,807,451 ADA
Price in BTC: Ƀ 0.00000402
Change (1 Hr): -0.78%
Change (7 Days): -4.71%
Change (30 Days): -14.01%
All Time High: $ 3.09
All Time High Date: September 2, 2021
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- News
| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- NFT collections get no Santa rally as market hits 2025 lowsCointelegraph.com News - 7 hours agoMarket data showed shrinking participation across NFTs, with fewer buyers, sellers and transactions signaling fading speculative interest. Non-fungible tokens (NFTs) extended their year-end slide in…
- Bitcoin ETFs lose $825M in five days as US becomes 'biggest seller' of BTCCointelegraph.com News - 10 hours agoBitcoin ETF performance remained negative on Christmas Eve as a short final US trading session produced another $175 million in net outflows. Bitcoin (BTC) institutional…
- Social engineering cost crypto billions in 2025: How to protect yourselfCointelegraph.com News - 12 hours agoCrypto hackers took social engineering to a whole other level this year, and advances in artificial intelligence mean scams are about to get even harder…
- Bitcoiners bullish over Elon Musk tipping ‘double-digit’ economic growthCointelegraph.com News - 12 hours agoElon Musk added that “triple-digit” economic growth could even be possible by 2030; however, some Bitcoiners worry about a 2026 bear market. The Bitcoin community…
- Crypto mergers and acquisitions hit record $8.6B in 2025: FTCointelegraph.com News - 12 hours agoThe number of crypto deals reportedly skyrocketed this year and hit a record total value of $8.6 billion, led by Coinbase’s record-breaking acquisition of Deribit.…
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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