ADA Price Live Data
The current Cardano (ADA) price is $0.577203 USD**, with a **24-hour trading volume** of **$326.48M USD. Over the past day, ADA has declined by -3.71%.
| Metric | Value |
|---|---|
| 24-Hour High | $0.603376 |
| 24-Hour Low | $0.577203 |
| Circulating Supply | 31,948,309,441 ADA |
| Market Cap | $18.44B |
| All-Time High | $3.0988882 |
| All-Time Low | $0.01755700 |
👉 Track ADA price in real-time
What Is Cardano (ADA)?
Cardano is a blockchain platform designed for scalable and secure financial applications. Its layered architecture separates transaction processing from smart contract execution, enabling smoother upgrades and governance. Key features include:
- Ouroboros Proof-of-Stake (PoS): Energy-efficient consensus algorithm.
- Multi-Layer Design: Enhances flexibility and reduces hard forks.
- Regulatory Compliance: Balances privacy with transparency for institutional use.
Founded in 2017 by Charles Hoskinson (co-founder of Ethereum), Cardano is developed by Input Output Hong Kong (IOHK). The native token, ADA, is stored in the Daedalus wallet.
Why Invest in Cardano?
- Scalability: Handles high transaction volumes efficiently.
- Sustainability: PoS reduces energy consumption vs. PoW blockchains.
- Interoperability: Aims to bridge legacy financial systems with decentralized apps (DApps).
Frequently Asked Questions (FAQs)
1. How is Cardano different from Ethereum?
Cardano uses a PoS consensus model and modular architecture, whereas Ethereum initially relied on PoW. Cardano also emphasizes academic research and formal verification for security.
2. Where can I buy ADA?
ADA is available on major exchanges like 👉 OKX, Binance, and Coinbase. Always use reputable platforms for trading.
3. What is ADA’s maximum supply?
Cardano has a fixed supply of 45 billion ADA, with ~31.9B currently circulating.
4. Can ADA reach its all-time high again?
Market conditions, adoption, and platform upgrades (e.g., smart contracts) will influence ADA’s price trajectory.
5. Is Cardano eco-friendly?
Yes! Its PoS algorithm consumes significantly less energy than Bitcoin’s PoW.
Market Trends and Analysis
- Recent Dip: ADA’s 3.71% drop aligns with broader crypto market trends.
- Long-Term Potential: Upcoming upgrades like Hydra scaling solutions could boost adoption.
Key Takeaways
- Cardano combines academic rigor with practical blockchain solutions.
- Monitor development milestones and partnerships for investment insights.
- Diversify your portfolio and stay updated via 👉 official channels.
Disclaimer: Crypto investments are volatile. Conduct independent research before trading.
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