ADA market information
24 hour low
$0.452
24 hour high
$0.476
Market cap ranking
#10
Market cap
$16.89B
24 hour volume
$258.07M
Circulating supply
35.64B
Total supply
45B
ADA live price data
The current price of Cardano is $0.474, with a 24-hour trading volume of $258,065,582.85. In the last 24 hours, the price of Cardano increased by 3.53%. With a circulating supply of 35,638,510,595 ADA and a maximum supply of 45,000,000,000.00 ADA, Cardano's fully diluted market cap stands at $21,326,027,396.01. Currently, Cardano ranks #10 by market cap.
About Cardano
Cardano (ADA) is a decentralized platform and cryptocurrency that is focused on providing a more secure and sustainable infrastructure for the development and execution of smart contracts and decentralised applications. It was developed by Input Output Hong Kong (IOHK), a blockchain research and development company, and is named after the 16th-century Italian mathematician and philosopher Gerolamo Cardano. ADA is the native cryptocurrency of the Cardano blockchain and is used to pay for transaction fees and other computational services on the network. One of the key features of Cardano is its focus on providing a more secure and sustainable platform for the development of dapps. It uses a proof-of-stake consensus mechanism, which is designed to be more energy efficient and secure than proof-of-work mechanisms used by other cryptocurrencies like Bitcoin. It has a two-layer architecture, with a settlement layer for transactions and a control layer for smart contract execution, which allows for more flexibility and upgradeability in the future.
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