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$1.02
24h volume$142.30M
52 Week low$0.14
Market cap$5.93B
Circulating supply37,300,234,171 ADA
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Cardano News

The Block 3d
Cardano co-founder Hoskinson says Bitcoin could lose top spot if governance fails quantum test

Cardano founder Charles Hoskinson got his start in crypto through Bitcoin 15 years ago. Now he says that a possible quantum-computing threat could test Bitcoin’...

Nasdaq 3d
Better Crypto Buy Right Now: XRP vs. Cardano

Key Points XRP is being developed for the purpose of attracting capital and financial institutions to its chain. Cardano is planning on increasing its through...

Better Crypto Buy Right Now: XRP vs. Cardano
CoinDesk 4d
Charles Hoskinson on Cardano's future, Ethereum's mistakes, and crypto's missing safety net | CoinDesk Videos - CoinDesk

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Charles Hoskinson on Cardano's future, Ethereum's mistakes, and crypto's missing safety net | CoinDesk Videos - CoinDesk

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