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Cardano

Cardano ADAPrice $ 0.646

Rank: 9

ADA Price

0.646
1.13%
Price Range
LowHigh
$ 0.615$ 0.656

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

# Coin

+5

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

Cardano price Index provides the latest ADA price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

ADA to USD Converter

Cardano (ADA)ADA

ICO

May 2017

Raised

$ 26.77M

Price:

$ 0.0024

ROI:

269.16x  +26,816%

Platform:

N/A

ATH ROI:

1285.26x  +128,426%

ADA Price Statistics

leaderboard

Market Cap

$ 23.25B

Fully diluted value

FDV

$ 29.07B

ATH Market Cap

$ 98.91B


Vol. (24h) / MCap

0.0258

Max Supply

ADA 45,000,000,000

Total Supply

ADA 45,000,000,000

Circulating Supply

ADA 35.99B

(80% of Max Supply)

ICO ROI

26,816%

269.16x

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

3,622%
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 increased +1.13% 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 35.99 Billions tokens, and the maximum supply of Cardano is 45.00 Billions.

Cardano’s 24 hour trading volume is $ 600.02 Million.

Cardano's current share of the entire cryptocurrency market is 0.83%, with a market capitalization of $ 23.25 Billions.

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

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