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Cardano

Cardano ADA

Coin
Cardano Price (ADA)
$0.4256
0.91% Buy ADA

0.00032 ETH

0.00002183 BTC

Low: $0.4231
High: $0.4311
24h
Market Cap
$14,582,923,921
0.91%
Fully Diluted Market Cap
$19,151,000,371
0.91%
Volume
24h
$411,318,857
3.11%
Volume / Market Cap
0.0282
Circulating Supply
34,266,177,418 ADA
77.75%
Max Supply
45,000,000,000
Total Supply
34,988,431,995
Cardano ADA
Price: $0.4256
0.91% Buy ADA
Cardano (ADA) Social Signals & Traffic Tracker
Cardano twitter
Twitter Stats
@cardano

Followers

1,343,192

0.04%

Following

345

0.00%

Tweet count

5,324

1.16%

Joined at Jan 30, 2017
Cardano reddit
Reddit Stats
r/cardano

Subscribers

697,889

0.03%

Subreddit type

public

Moderators

25

0.00%

Joined at Mar 23, 2017
Cardano telegram
Telegram Stats
@Cardano

Title

Cardano Official

Members

34,557

0.68%

Cardano traffic
Website Traffic
cardano.org

Website Rating (DR)

80 / 100

0.00%

Ahrefs Rank

12,579

1.33%

Organic Traffic (mo.)

0

0.00%

Cardano github
GitHub Organization
cardano-foundation

Public repos

14

Type

Organization

Created at Mar 05, 2018
Cardano github
GitHub Repository

Currently, official Cardano GitHub account doesn’t exist or wasn’t submitted. 🔆

Official Cardano Community Telegram Group, managed by the Cardano Foundation Community Team. Official website: https://cardano.org/

Cardano Price statistics

Cardano Price
$0.4256
Price change 24h
-$0.0039
0.91%
24h Low / 24h High
$0.4231 /
$0.4311
All Time High
Sep 02, 2021 (1 year 1 month ago)
$3.10
86.27%
All Time Low
Oct 01, 2017 (5 years 6 days ago)
$0.0174
2,352.32%
Trading Volume 24h
$411,318,857
3.11%
Volume / Market Cap
0.0282
Market Dominance
1.48%
Market Rank
#8
Market Cap
$14,582,923,921
0.91%
Fully Diluted Market Cap
$19,151,000,371
0.91%

Live ADA Price Analysis

The current real time Cardano price is $0.4256, and its trading volume is $411,318,856.72 in the last 24 hours. ADA price has plummeted by 0.91% in the last day, and decreased by 1.94% in the last 7 days. It’s important to note that current Cardano market capitalization is $14,582,923,920.94, and the maximum supply is 45,000,000,000 ADA coins. Talking about circulating supply, ADA has 34,266,177,418 coins. Currently, Cardano rank on the market is #8.

Cardano price today is 86.27% below all time high, and it is 2,352.32% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ADA are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Cardano (ADA)?

ADA is the native token of Cardano, which is a public blockchain founded in 2017. Don't forget to take a look at the Cardano price chart above to see the current (and the previous) ADA price. Cardano places a lot of emphasis on helping countries with severe banking access problems. Overall, it aims to create a more transparent, fair, and secure society by shifting power away from unaccountable institutions to individuals.

The name of the network is inspired by a significant figure in Renaissance mathematics – an Italian polymath from the 16th century Gerolamo Cardano. Overall, Cardano is the first network to emerge from an approach motivated by research and scientific mentality.

It’s also one of the first networks built using Haskell programming language, which is known for its high degree of fault tolerance. Though the programming language used for the development of smart contracts is Plutus, which allows the creation of strict contracts.

Every new proposal considering the improvement of the Cardano blockchain has to go through peer-reviewed research. This academic approach ensures that all changes are made logically and bring the best results. Besides, it increases the stability and durability of Cardano by reducing the risk of unexpected downfalls.

The Cardano network, along with its native token ADA, is secured by its custom Ouroboros protocol that focuses on sustainability. The protocol is defined as a combination of novel technology, statistically validated mechanisms, as well as economic and behavioral philosophy. Essentially, it’s a Proof-of-Stake consensus mechanism which is a more energy-efficient alternative to the Proof-of-Work mechanism used by Bitcoin.

Besides, Cardano is a multi-layer protocol. It has two layers – a settlement layer and a control layer. The settlement layer is responsible for transacting, trading, and purchasing ADA tokens. The Control layer, on the other hand, is responsible for executing smart contracts and confirming identity.

Who Developed Cardano?

Charles Hoskinson, the CEO of IOHK and the co-founder of Ethereum, is the one who developed Cardano. He has been involved in the crypto world since 2011. However, he’s also a mathematician, which explains his urge to name the blockchain and its native token after famous mathematicians. It also explains his choice of employing an academic strategy involving mathematical computations and decisions based on logic while developing and maintaining the network.

Emurgo also contributes to the development of the Cardano protocol. It’s a multinational blockchain technology company that aims to support, integrate, and encourage Cardano blockchain applications.

Besides, it’s important to mention the Cardano Foundation, which is a non-profit organization that aims to standardize, safeguard, and advance the Cardano network.

Overall, Cardano is controlled by three separate projects that are responsible for different parts of the Cardano crypto project:

  • IOHK, which is the one that builds and designs the blockchain.
  • Cardano Foundation, which is the one that oversees the development of the blockchain.
  • Emurgo, which is the one that uses commercial ventures to support the blockchain.

The ADA Coin

The native coin of Cardano is ADA. Just like the name of the blockchain is inspired by a well-known polymath from the past, the ADA coin also takes its name from an inspiring person. ADA is named after Ada Lovelace, a mathematician from the 19th century. She is often considered as the first-ever computer programmer.

Essentially, ADA is a governance token. It provides its users with the right to vote on various decisions considering the Cardano network. The project can grow over time thanks to the democratic governance framework and an innovative treasury system that allows Cardano to sustainably fund itself. Again, if you’re wondering about the current Cardano price, check out the ADA price chart above.

Apart from being the governance token, ADA can also be used for other things. For example, it can be used as a payment method for various products or services that support crypto assets. Additionally, if you want to make transactions on the settlement layer of Cardano, you have to use ADA coins as well.

Besides, ADA coins can be staked. This means that you can earn profit simply by holding ADA in your wallet. Though keep in mind that staking rewards will probably decline over time, as the amount of circulating tokens is going towards its max supply.

IOHK developed a wallet called Daedalus specifically for storing Cardano crypto assets. It is known for its advanced security features. Another wallet that was created for ADA coins is Yoroi. It was developed by Emurgo and it’s very convenient because it takes only one click to install it. Besides, it doesn’t require downloading a copy of the blockchain’s history.

The Supply of ADA Coins

ADA is a deflationary token. This means that the amount of ADA coins in circulation is limited. The max supply of ADA is 45 billion coins.

Overall, five ADA public sales took place between 2015 and 2017, during which the ADA price was only around $0.0024. Apart from the tokens dedicated to the sales (84%), the remaining ADA tokens (16%) were distributed to IOHK, Emurgo, and the Cardano Foundation.

When discussing the ADA price, bear in mind that it is prone to fluctuations, just like the values of numerous other crypto assets. The Cardano price is ultimately impacted by the same factors that have an impact on the entire cryptocurrency market.

The Alonzo Upgrade

The Alonzo upgrade was launched in August of 2021 as a hard fork. A hard fork is an upgrade that involves major changes and is not backward-compatible. The Alonzo upgrade brought the functionality of smart contracts to the Cardano blockchain allowing it to support various dApps and NFTs. It essentially resulted in the increase of the Cardano price.

The name Alonzo is also not a randomly given name, just like it is with the blockchain itself and the native token. Alonzo Church, an American mathematician who is regarded as one of the pioneers of computer science, was an inspiration for the name of this upgrade. You can definitely notice a pattern with the names here.

Since the Alonzo upgrade provides Cardano with the functionality of smart contracts, it makes the blockchain a worthy competitor of Ethereum, which is one of the top blockchains in the crypto world. Due to the fact that smart contracts are one of the pillars of the decentralized finance industry, they can give a blockchain a vast range of capabilities and support for applications that aren't necessarily a part of that blockchain.

There was also an upgrade before Alonzo called Shelley that was launched in 2020. The main goal of this upgrade was to improve the decentralization of Cardano, making it at least 50 times more decentralized compared to other networks. However, it was replaced by the Alonzo upgrade a year later.

What's Cardano trading volume in the last 24 hours?

ADA has a trading volume of $411,318,856.72 in the last 24 hours.

What's Cardano highest price ever?

ADA has a highest price of $3.10, which was reached on Sep 02, 2021 (1 year 1 month ago).

What's Cardano lowest price ever?

ADA has a lowest price of $0.0174, which was reached on Oct 01, 2017 (5 years 6 days ago).

What are the best exchanges for buying and selling ADA?

Currently, the most active and dominating exchanges for buying and selling Cardano are Binance, Kraken & Kucoin. The most popular Cardano trading pairs are ADA/USDT (on Binance ), ADA/USD (on Coinbase ), ADA/BUSD (on Binance ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping ADA?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Cardano. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Cardano project's Circulating Supply has been verified and is equal to:

Circulating Supply

34,266,177,418 ADA

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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