Buy Cardano

Price of Cardano

Real-time information on the price of Cardano

$ 1.59 14.12%

Market capitalization

$ 51,182,570,387

Volume (24h)

$ 5,078,574,503

In circulation

$ 32,066,390,668 ADA
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Information of Cardano

ADA is a crypto coin running on Cardano Settlement Layer (CSL) blockchain, the first and most secure blockchain based on Proof of stake mechanism validating the transactions. Cardano team calls their proof of stake mechanism Ouroboros. Unlike Proof of Work, where miners invest energy intensive computing power to mine each block, proof of stake chooses a random miner based on the size of the stake (value). In order to generate or mint a new block, a slot leader is chosen with a probability proportional to the amount of coins this node is carrying. So one of ADA’s advantages over Bitcoin, Ethereum and other similar cryptocurrencies is its energy-efficient proof of stake transaction validation system. ADA is flexible like Ethereum due to a second layer Cardano Computational Layer (CCL) which supports decentralized applications and smart contracts.

ADA was initially created by Input Output Hong Kong (IOHK), a blockchain development firm. The project was led by Charles Hoskinson who was a former co-founder of Ethereum, Etereum classic and Bitshares. Presently the ADA team consist of three organizations i.e. Cardano foundation, IOHK, and Emurgo.

The major use of Cardano is the transfer of value. Future development of applications on CCL layer can provide the easy and economical payment solution to service providers such as Uber, Upwork, and alike.

Cardano in social media

Price history of Cardano

* Currency in USD
Historical Price for Cardano

Data from Cardano

Cardano is a cryptocurrency with a price of $ 1.59 and a market capital of $ 51,182,570,387. The price of Cardano has changed a 14.12% in the last 24 hours. It is positioned as the number 5 cryptocurrency having a market volume of $ 5,078,574,503.

Currently one Cardano has a price of  $ 1.59. The price of Cardano is constantly changing, in the last 24 hours the price has changed by 14.12%.

Cardano’s price has changed in the last 7 days by 40.71%.

You can buy Cardano on cryptocurrency exchanges such as Binance. On these platforms the commissions to buy Cardano are very low.