

Rank: # 11
Market Cap: $ 29,521,819,197
Volume (24hrs): $ 1,307,645,607
Circulating Supply: 36,545,209,089 ADA
Price in BTC: Ƀ 0.00000667
Change (1 Hr): -0.09%
Change (7 Days): -7.73%
Change (30 Days): -6.34%
All Time High: $ 3.09
All Time High Date: September 2, 2021
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- News
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- Roger Ver reaches tentative agreement with US DOJ over tax charges: ReportCointelegraph.com News - 15 minutes agoThe so-called Bitcoin Jesus was charged with tax evasion in April 2024, years after he renounced his US citizenship. Bitcoin advocate Roger Ver, known to…
- EU eyes euro stablecoins to challenge dollar monopolyCointelegraph.com News - 29 minutes agoThe change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States. The European…
- BCP becomes first Peruvian bank to offer regulated crypto accessCointelegraph.com News - 57 minutes agoPeru’s largest bank, BCP, has launched a pilot crypto platform authorized by the national regulator, allowing select clients to buy and hold Bitcoin and USDC.…
- Bitdeer doubles down on Bitcoin self-mining as rig demand coolsCointelegraph.com News - 1 hour agoBitdeer boosts self-mining to stay competitive amid weak demand for rigs, joining other hardware makers turning to in-house Bitcoin operations. Bitdeer Technologies Group (BTDR), a…
- Bybit secures regulatory approval in UAECointelegraph.com News - 1 hour agoThe license came eight months after the regulator granted the company in-principle approval, and a few weeks after Bybit secured a non-operational license for Dubai.…
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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