+0.95%
N/A
(24H)
0.000008085 BTC
+3.62%
(24H)
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$30.12 B
$1.12 B
35.4 B ADA
45 B ADA
44.99 B ADA
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Cardano
lovelace
Cronos
0x0e517979C2c1c1522ddB0c73905e0D39b3F990c0
BNB Smart Chain (BEP20)
0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
Cardano’s price today is US$0.851, with a 24-hour trading volume of $1.12 B. ADA is +0.00% in the last 24 hours.ADA has a circulating supply of 35.4 B ADA and a max supply of 45 B ADA.
Cardano is a decentralised public blockchain and cryptocurrency project and is fully open-source. Cardano is developing a smart contract platform that seeks to allow complex programmable transfers of value in a secure and scalable fashion through its unique solutions. It is the first blockchain platform to evolve out of a scientific philosophy and a research-driven approach.
Cardano uses a democratic governance system that allows the project to evolve over time and fund itself sustainably through a treasury system.
The system is also designed to allow upgrades through soft forks, enabling it to adapt and evolve quickly. A treasury system ensures the sustainability of the protocol. Cardano’s blockchain technology has well-managed maintenance and development needs and is able to adequately fund itself.
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson with the aim to “provide a more balanced and sustainable ecosystem” for cryptocurrencies. It is backed by three entities: IOHK, The Cardano Foundation, and Emurgo, and is a self-described third-generation blockchain.
The Cardano network gained its namesake from the Italian Renaissance mathematician Gerolamo Cardano, while its native currency (ADA) is named after Ada Lovelace, a 19th-century mathematician who is often referred to as the first computer programmer.
Cardano uses a proof of stake (PoS) system called the ouroboros system and is one of the first blockchains to be built in the highly secure Haskell programming language. The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry. Its decentralised platform allows for complex programmable transfers. Cardano’s multi-layer protocol performs advanced functions and has a settlement layer that is elegantly linked to a control layer. The settlement layer has a unit of account, while the control layer runs smart contracts and will be programmed to recognise identity, and assist compliance.
ADA is the cryptocurrency on the Cardano blockchain. ADA holders can transfer money and use the token to pay for goods and services. It is the native token to be used in applications built on the Cardano blockchain.
Cardano is an open-source blockchain platform created by Input Output Hong Kong (IOHK), a blockchain research and development company co-founded by Charles Hoskinson, an Ethereum co-founder. Cardano is a decentralised platform. It does not have a single owner or central authority. Instead, it is maintained and developed by a decentralised community of volunteers and supported by the Cardano Foundation.
To stake Cardano (ADA), you will need to do the following:
1. Obtain ADA: To start staking ADA, you will need to first buy some on a cryptocurrency platform like the Crypto.com App or Exchange.
2. Set up an ADA wallet: Next, you will need to set up an ADA wallet that is compatible with staking. There are several options available, like the official Daedalus wallet.
3. Choose a staking pool: Cardano uses a proof-of-stake consensus mechanism, which means that the probability of validating a block and earning rewards is based on the amount of ADA that you have staked. To increase your chances of earning rewards, you can join a staking pool, which is a group of stakers who pool their resources together to increase their chances of finding a block.
4. Stake your ADA: Once you have set up your wallet and chosen a staking pool, you can stake your Cardano coins by sending them to your staking address and participating in the consensus process. The specific process for staking may vary depending on the wallet and staking pool that you are using.
Cardano can be bought on a variety of cryptocurrency platforms, including the Crypto.com App and Exchange. It's also important to note that Cardano is not available on all platforms. Some cryptocurrency exchanges may not offer this token due to regulatory or other considerations. Therefore, you may need to try multiple platforms to find one that supports Cardano.
Cardano and Ethereum are open-source blockchain platforms designed to support a wide range of applications, including smart contracts and dApps. However, there are some key differences between them:
1. Layered architecture: Cardano has a layered architecture that separates the settlement layer, which handles transactions and state updates, from the computation layer, which supports smart contracts and other more complex applications. This separation allows different parts of the network to be upgraded independently. By contrast, Ethereum has a monolithic architecture in which all functions are handled by a single layer.
2. Development approach: Cardano and Ethereum have different approaches to development and governance. Cardano is developed by Input Output Hong Kong (IOHK), a blockchain research and development company, and is governed by the Cardano Foundation, a Swiss non-profit organisation. Ethereum is developed by the Ethereum Foundation, a Switzerland-based non-profit organisation, and is supported by a community of volunteers.
There’s a wide range of cryptocurrency wallets that you can securely store your ADA in. These include software wallets like the Crypto.com DeFi Wallet and hardware wallets that resemble USB flash drives.
If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
To check Cardano's price live in the fiat currency of your choice, you can use Crypto.com's converter feature in the top-right corner of this page.
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Cardano Price
$0.851
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Amount
ADA
Fiat Currency
Cryptocurrency
Rate is for reference only. Updated
Cardano
lovelace
Cronos
0x0e517979C2c1c1522ddB0c73905e0D39b3F990c0
BNB Smart Chain (BEP20)
0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
Cardano Price
$0.851
24h high / 24h low
N/A
7d high / 7d low
N/A
30d high / 30d low
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90d high / 90d low
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All-time high / All-time low
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