Trade Cardano (ADA)

0.299550.012(0.47%)(1D)

Cardano (ADA) Price Chart

+0.47% Past Day
Interval
+0.47%
-16.50%
-25.11%

The Cardano price is on the decline this week.

A ‘rising’ price indicates that the weekly price has increased by more than 0.5%. A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%. A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Cardano price today is $0.3, a 0.46935 change in the last 24 hours and -16.50 in the past week. Cardano’s 24-hour trading volume is 776.8M and its current market capitalization is $10.8B.

Market Overview

Market cap
10.8B
Day’s Range
0.29 - 0.3
1W Range
0.28 - 0.3
Volume (24h)
776.8M
Market Dominance
0.4
Market rank
10

What Is Cardano?

Founded in 2016, Cardano’s development was led by former Ethereum co-founder Charles Hoskinson and is the first cryptoasset based on peer-reviewed research. Cardano is unique as it is a proof-of-stake blockchain platform that claim to be ‘the most environmentally sustainable” cryptoasset on the market today. From their headquarters in Zug, Switzerland, they work towards their core mission of standardising, protecting and promoting the Cardano Protocol technology. This cryptoasset uses a consensus protocol called Ouroboros, which they use to validate transactions without the high energy output common in many other cryptoassets. Cardano’s developers created its architecture in a way that makes the implementation of new changes such as soft forks easier than other cryptocurrencies. Their currency, ADA, is named after the 19th Century mathematician Ada Lovelace. As of August 2021, there are over 32 million ADA coins in circulation, with a total supply of 45 million.

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Cardano (ADA) News

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