The project was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum. The network uses the Proof-of-Stake (PoS) algorithm to achieve a consensus about the state of the ledger. The maximum supply of ADA is artificially capped at 45 billion coins.Ĭardano’s public chain is open-source and decentralized. The native asset of the Cardano blockchain is called ADA, which can be used for on-chain value transfers like the vast majority of other digital assets. In terms of market cap, Cardano is currently ranked #3 in the Proof-of-Stake Coins sector and ranked #6 in the Layer 1 sector.Ĭardano is a blockchain project building a framework for smart contracts and decentralized applications (dApps) with a focus on advanced functionality and scalability. The Cardano price prediction sentiment is currently neutral, while Fear & Greed Index is showing 71 (Greed).Ĭardano's current circulating supply is 33.82B ADA out of max supply of 45.00B ADA. The highest ADA price since the last cycle low was $ 0.676958 (cycle high). The lowest price since it's ATH was $ 0.234392 (cycle low). The ADA price decreased -4.97% in the last 24 hours.Ĭardano reached its highest price on when it was trading at its all-time high of $ 3.10, while Cardano's lowest price was recorded on when it was trading at its all-time low of $ 0.017354. Cardano price today is $ 0.590838 with a 24-hour trading volume of $ 1.47B, market cap of $ 19.98B, and market dominance of 1.21%.
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