CardanoADA
CardanoRank: # 11
Market Cap: $ 23,417,172,517
Volume (24hrs): $ 1,127,352,440
Circulating Supply: 36,574,007,274 ADA
Price in BTC: Ƀ 0.00000581
Change (1 Hr): 1.80%
Change (7 Days): 1.51%
Change (30 Days): -20.13%
All Time High: $ 3.09
All Time High Date: September 2, 2021
Cardano Coverter:
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$ 0.6398370.77%
Cardano Coverter:
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$ 0.6398370.77%
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More Information
- Historical Data
- Markets
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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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- How Evernorth plans to turn XRP into a $1B corporate treasury assetCointelegraph.com News - 17 minutes agoEvernorth plans to go public via a SPAC and deploy over $1 billion to buy and manage XRP, creating one of the largest public XRP…
- Bitcoin ETFs post $470M outflows as Fed cuts rates, Trump talks tradeCointelegraph.com News - 22 minutes agoSpot Bitcoin ETFs recorded their largest day of outflows in two weeks as the Federal Reserve cut rates, leading to a choppy day for US…
- Frax, IQ launch Korean won-pegged KRWQ on Base amid stablecoin pushCointelegraph.com News - 35 minutes agoCrypto protocols Frax and IQ have partnered to launch KRWQ, a Korean won stablecoin designed to be fully regulatory-compliant amid the country’s stablecoin push. Crypto…
- Institutional backers plot $500M Canton token treasury: ReportCointelegraph.com News - 47 minutes agoDRW Holdings and Liberty City Ventures are reportedly exploring the creation of a Canton Network token treasury, signaling significant institutional backing for the blockchain. Trading…
- Solana ETFs finally launched: So why isn’t SOL trading far above $200?Cointelegraph.com News - 1 hour agoSOL investors bet on an ETF approval and set price targets from $300 to $1,000. The ETFs are live now, but Solana price still trades…
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
- 0,54896 €
- $ 0.639837
- $0.481964