AD

Cardano

ADA
Layer 1Rank #8Cardano

$0.2878

+9.29%24h
+12.20%7d

Market Cap

$10.61B

Volume 24h

$1.03B

Vol / Market Cap

9.68%

Rank

#8

ADA Price Chart

About Cardano

Cardano is a proof-of-stake blockchain focused on security, scalability and peer-reviewed research.

Cardano is a proof-of-stake blockchain platform built on peer-reviewed research that focuses on security, scalability and sustainability for decentralized applications and smart contracts.

How It Works

A research-driven blockchain using the Ouroboros Proof of Stake protocol. It is built in layers—separating the accounting of values from the reasons why values are moved—aiming for high security and sustainable scalability through peer-reviewed updates.

Use Cases

Peer-Reviewed Infrastructure: Used for staking to secure the network, participating in on-chain governance, and serving as a secure platform for decentralized identity and government projects.

Tokenomics

Scientific Proof-of-Stake: Uses a fixed supply cap of 45 billion. It is used for staking to secure the network and for on-chain governance. Its "Liquid Staking" model allows users to vote and earn rewards without locking their funds.

Risks & Considerations

Slow "research-first" development pace compared to rivals; currently testing critical multi-year support levels.

Compare Cryptocurrencies: Cardano

Cryptocurrency Categories