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Cardano

Cardano ADAPrice $ 0.646

Rank: 9

16482 Watchlists

Chain

ADA Price

0.646
2.03%
(-$ 0.0134)
Price Range
LowHigh
    $ 0.646$ 0.664

    General Info

    Contracts/Explorers:

    Explorers

    Tags (Sub-Categories):

    Funds and Backers

    Description

    Cardano is a decentralized blockchain platform and cryptocurrency founded in 2015 by Charles Hoskinson, a co-founder of Ethereum.

    Cardano (ADA) Chart

    The Cardano to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

    ADA to USD Converter

    Cardano (ADA)ADA

    ICO

    May 2017

    Raised

    $ 26.77M

    Price:

    $ 0.0024

    ROI:

    269.26x  +26,826%

    Platform:

    N/A

    ATH ROI:

    1285.26x  +128,426%

    Undisclosed

    5 May 2017

    Raised

    $ 62.20M

    ADA Price Statistics

    leaderboard

    Market Cap

    $ 23.26B

    Fully diluted value

    FDV

    $ 29.08B

    ATH Market Cap

    $ 98.91B

    24 Trade Vol.

    $ 265.40M


    Vol. (24h) / MCap

    0.0114

    Max Supply

    ADA 45,000,000,000

    Total Supply

    ADA 45,000,000,000

    Circulating Supply

    ADA 36.00B

    (80% of Max Supply)

    ICO ROI

    26,823%

    269.23x

    ICO Price

    $ 0.0024

    10 May 2017

    All Time High

    $ 3.08

    2 Sep 2021


    All Time Low

    $ 0.0174

    1 Oct 2017


    From ATH

    79.1%

    From ATL

    3,623%

    Trending Cardano Fiat Pairs

    What is Cardano (ADA)?

    Cardano is a decentralized public blockchain and cryptocurrency project that was founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. It was officially launched in September 2017. The platform is designed to provide a more sustainable, scalable, and secure ecosystem for decentralized applications (dApps) and financial services. Cardano's native cryptocurrency is ADA, named after Ada Lovelace, often recognized as the first computer programmer.

    Key Features of Cardano:

    1. Proof-of-Stake (PoS) Consensus Mechanism

    Cardano uses the Ouroboros proof-of-stake consensus algorithm, which is more energy-efficient compared to the proof-of-work (PoW) systems used by cryptocurrencies like Bitcoin. This mechanism ensures the security and decentralization of the network while maintaining sustainability. Ouroboros is designed to be highly secure and adaptable, allowing for future improvements and scalability.

    2. Peer-Reviewed Development

    Cardano is the first blockchain platform built on peer-reviewed research and evidence-based methodologies. This approach emphasizes scientific rigor in its design and upgrades, aiming to create a reliable and robust system. The platform's development is guided by academic research and testing, which helps in identifying and solving potential issues early on.

    3. Smart Contracts and Decentralized Applications (dApps)

    Cardano supports the development of smart contracts, enabling a wide range of decentralized finance (DeFi) applications, digital asset creation, and more. It aims to compete with Ethereum as a platform for blockchain-based innovation. The platform's smart contract language, Plutus, is designed to be secure and flexible, allowing developers to build complex applications.

    Cardano Price Today

    Cardano's current price is $ 0.646, it has dropped -2.03% over the past 24 hours.

    Cardano's All Time High (ATH) of $ 3.08 was reached on 2 Sep 2021, and is currently -79.1% down.

    The current circulating supply of Cardano is 36.00 Billions tokens, and the maximum supply of Cardano is 45.00 Billions.

    Cardano’s 24 hour trading volume is $ 265.43 Million.

    It is traded on 157 markets and 87 exchanges, the most active of which is WEEX.

    Cardano's current share of the entire cryptocurrency market is 0.83%, with a market capitalization of $ 23.26 Billions.

    You can find more details about Cardano on its official website and on the block explorer.

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