CardanoADA
CardanoRank: # 11
Market Cap: $ 15,193,153,210
Volume (24hrs): $ 861,616,674
Circulating Supply: 36,760,319,896 ADA
Price in BTC: Ƀ 0.00000425
Change (1 Hr): 0.06%
Change (7 Days): 3.23%
Change (30 Days): 8.41%
All Time High: $ 3.09
All Time High Date: September 2, 2021
Cardano Coverter:
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$ 0.4135170.67%
Cardano Coverter:
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$ 0.4135170.67%
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- Historical Data
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* Currency in USD
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- Zcash Foundation says SEC closed 2023 probe into privacy coinCointelegraph.com News - 5 hours agoThe investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.The foundation…
- Ether’s price vs. fundamentals gap may signal a 2026 opportunityCointelegraph.com News - 5 hours agoEtherealize CEO Vivek Raman argues that ETH’s lagging price masks strengthening fundamentals that could reshape how the token is valued in 2026.Ether’s price performance left…
- Bitcoin hits 2026 high above $97K, data shows sufficient fuel for higher pricesCointelegraph.com News - 5 hours agoBitcoin rallied to $97,500, and multiple data points suggest bulls are planning to push the price above $100,000. Is the bull market back?Bitcoin’s (BTC) start-of-year…
- Vitalik’s take on decentralized stablecoins: What it means for DeFiCointelegraph.com News - 5 hours agoVitalik Buterin argues DeFi still lacks resilient decentralized stablecoins, highlighting benchmark risk, oracle design flaws and staking-driven incentives. A decentralized stablecoin aims to maintain a…
- Figure Technology unveils blockchain platform for direct stock lending: ReportCointelegraph.com News - 5 hours agoThe Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure.Figure Technology Solutions,…
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
- 0,355192 €
- $ 0.413517
- $0.307998