ADA

Cardano price
ADA
#8

$1.20  

0.51% (1d)

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Cardano statistics

Market cap
$42.26B

0.51%

Volume (24h)
$1.58B

21.45%

FDV
$54.18B
Vol/Mkt Cap (24h)
3.73%
Total supply
45B ADA
Max. supply
45B ADA
Circulating supply
35.10B ADA
78.00492344402552%
ADA to USD converter
ADA
USD
Price performance
24h 
Low
$1.18
High
$1.23
All-time high
Sep 02, 2021 (3 years ago)
$3.10
-61.15%
All-time low
Oct 01, 2017 (7 years ago)
$0.01735
+6837.51%
See historical data
Tags
CoinBites: Cardano - The Research-Driven Blockchain


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About Cardano

What Is Cardano (ADA)?

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.

To learn more about this project, check out our deep dive of Cardano.

The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.

Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.

The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.

In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzohard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.

Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.

Who Are the Founders of Cardano?

What Makes Cardano Unique?

What Is Cardano’s Vasil Hard Fork?

How Many Cardano (ADA) Coins Are There in Circulation?

How Is the Cardano Network Secured?

What Is Cardano’s Alonzo Upgrade?

Where Can You Buy Cardano (ADA)?

 
 
 
 
 
 

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