ADA

Cardano

ADAยทLayer 1ยทRank #6

$0.4812

-$0.0026 (-0.54%)

Market Cap$17.2B24h Volume$0.7BCirculating35.7B ADAMax Supply45B ADAAll-Time High$3.09Sep 2, 2021 ยท -84.4%

Price Chart

Market Statistics

Market Cap Rank#6Fully Diluted Valuation$21.7B
24h High$0.487624h Low$0.4734
7d High$0.49657d Low$0.4712
Volume / Market Cap0.041All-Time Low$0.01735 Oct 1, 2019
Circulating Supply35.7B ADAMax Supply45B ADA

About Cardano

Cardano is a peer-reviewed, research-driven Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson and launched in 2017. It uses a Proof of Stake consensus mechanism called Ouroboros โ€” the first provably secure PoS protocol โ€” designed to be more energy-efficient and scientifically rigorous than Bitcoin's mining approach. ADA is the native token used to pay transaction fees, participate in staking, and vote on protocol upgrades through on-chain governance. Cardano's development follows a staged academic roadmap, with each phase adding capabilities: Byron (foundation), Shelley (decentralisation), Goguen (smart contracts), Basho (scaling), and Voltaire (governance).

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