
Cardano
adaRank #15$0.242843-2.07%
Cardano Price Chart (7D)
About Cardano
Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin.
What sets Cardano apart is its methodical, research-driven approach — every major feature is peer-reviewed by scientists and cryptographers before being added to the network. This careful process aims to create a more secure and stable foundation compared to platforms that prioritize speed over thorough testing. The platform's native cryptocurrency, ADA, is used to send money, pay transaction fees, and participate in network governance.
Cardano uses a proof-of-stake system to process transactions, which works differently from Bitcoin's mining approach. Instead of competing to solve complex puzzles, users can "stake" their ADA — essentially locking it up temporarily — to become validators who verify transactions. The system selects validators based on how much ADA they've staked and for how long, then rewards them with additional ADA for their participation. This approach uses far less energy than traditional mining while keeping the network secure. The platform also features a two-layer design that separates basic payment transactions from smart contract operations, allowing each function to be optimized independently for better performance.
ADA holders can earn staking rewards by locking up their tokens to help secure the network, vote on proposed changes to the platf...
Learn more about Cardano on Wikipedia.
Cardano Market Data
Market Capitalization
$8.95 B
Fully Diluted Valuation
$10.93 B
Volume 24H
$445.48 M
Circulating Supply
36,853,689,192
Total Supply
45,000,000,000
Circ. Percent
81.9%
All-Time High
$3.09(-92.13%)
All-Time High Date
Sep 2, 2021
All-Time Low
$0.02(+1161.34%)
All-Time Low Date
Mar 13, 2020
First Announced
N/A
Popularity
15
Price Change (1H)
$0.00(-0.39%)
Price Change (1D)
$0.01(-2.07%)
Price Change (1W)
$0.01(-4.91%)
Price Change (2W)
$0.02(-8.63%)
Price Change (1M)
$0.03(-13.93%)
Price Change (1Y)
$0.16(-63.86%)
24h Range
$0.24 - $0.25
Volume/Market Cap
4.98%
Frequently Asked Questions
What is Cardano?
Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin.
What sets Cardano apart is its methodical, research-driven approach — every major feature is peer-reviewed by scientists and cryptographers before being added to the network. This careful process aims to create a more secure and stable foundation compared to platforms that prioritize speed o...
What is the current price of Cardano?
The current price of Cardano (ADA) is $0.243. Prices are updated in real-time from CoinGecko.
What is Cardano's all-time high?
Cardano's all-time high was $3.09, reached on Sep 2, 2021. The current price is -92.13% from its ATH.