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Cardano(ADA)
Live ADA Price
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About Cardano
This page brings together available market information for Cardano (ADA) and the buy-and-sell options currently available through Coinbox.
For educational purposes only; not investment advice. Digital assets are volatile and may lose value. Before acting, consider the asset and price, issuer (where applicable), network, and counterparty risks. Displayed market data may be delayed; the applicable price and terms are shown before you confirm an action.
Market Stats
- Market Cap
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- 24h Volume
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- Circulating Supply
- 35.00B ADA
- Max Supply
- 45.00B ADA
- Range High (1D)
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- Range Low (1D)
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- Market Rank
- #10
Latest News
You pay
₪
You receive
ADA
Resources
Baskets that include ADA
Frequently Asked Questions about Cardano
What is Cardano?
ADA is the token of the Cardano network, launched in 2017. It runs on an independent blockchain based on an advanced, energy-efficient consensus mechanism (Proof of Stake). The network is widely regarded as the academic blockchain, since it is built methodically on the basis of scientific research and peer review. The ADA token is used to pay network fees, run smart contracts, and develop decentralised solutions, and it also grants the right to vote on the project's development (governance). In addition, the system offers a staking mechanism that lets holders secure the network and earn staking rewards without losing access to the coins in their wallet.
How does Cardano work?
Cardano is a smart contract platform using the Ouroboros Proof-of-Stake consensus. Its two-layer architecture separates the settlement layer from the computation layer for improved security and flexibility.
Who founded Cardano?
Cardano was founded in 2015 by Charles Hoskinson, a co-founder of Ethereum, and is developed under the leadership of IOHK.