Cardano

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What is Cardano?

Cardano (ADA) is a crypto asset and blockchain platform launched in 2017. As a platform, Cardano’s goal is to be as environmentally sustainable as possible by using a proof-of-stake (PoS) system, which requires less processing power than the alternative proof-of-work models. Like Bitcoin, transactions are settled on Cardano’s first layer, and smart contracts are executed on Cardano’s second layer, which is similar to Ethereum. ADA is Cardano’s native token; it’s used both to pay transaction fees and to allow users to participate in Cardano’s PoS.

Key Statistics

52 Week high$0.89
24h volume$583.60M
52 Week low$0.14
Market cap$9.20B
Circulating supply37,522,923,322 ADA
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Cardano News

24/7 Wall St. 6d
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