Cardano

Cardano(ADA) Price

USD USD
$0.868227 +4.29%

Price of Cardano(ADA) Today

The live price of Cardano (ADA) is $0.868227.The current market capitalization stands at $31.39B, with a 24-hour trading volume of $1.53B.Cardano has experienced +4.29% in the last 24 hours and has a circulating supply of approximately 36.16B.These figures are updated in real-time to provide the most accurate market data.

How do you feel about ADA today?

PK
Bullish 67%
33% Bearish

Cardano(ADA) Profile

Price Range (24h)
24h Low: $0.820411 24h High: $0.876127
ATH
$3.09
Price Change (1h)
-0.59%
Price Change (24h)
+4.29%
Price Change (7d)
+16.19%
Market Cap
$31.39B
24h Vol
$1.53B
Circulating Supply
36.16B
Total Supply
45.00B

About

What Is Cardano?

Cardano (ADA) is a third-generation Layer 1 blockchain platform designed to deliver a more secure, scalable, and sustainable infrastructure for the development of decentralized applications (dApps), smart contracts, and digital identity solutions. Launched in 2017, Cardano aims to improve upon the limitations of earlier blockchains like Bitcoin and Ethereum by using peer-reviewed academic research and formal verification in its protocol development.

Cardano’s native token, ADA, is used for staking, transaction fees, and on-chain governance, making it a core component of the network’s decentralized economy. ADA can be bought on specialized exchanges and ADA can also be traded for using other cryptocurrencies.

Who Created Cardano?

Cardano was founded by Charles Hoskinson, one of the co-founders of Ethereum. It is developed by three main organizations: Input Output Global (IOG) – responsible for core development, Cardano Foundation – oversees the ecosystem and community, and EMURGO – focuses on commercial adoption and business partnerships. This collaborative structure gives Cardano a global, multi-stakeholder approach to governance and development.

How Cardano Works

Cardano is built on a Proof-of-Stake (PoS) consensus mechanism known as Ouroboros, which is designed to be energy-efficient while maintaining high security and decentralization. The network is structured into multiple layers - a settlement layer that handles ADA transactions and a computation layer that supports smart contracts and dApps.

This layered architecture separates core functions, making upgrades and maintenance easier and safer. Cardano’s smart contract functionality, introduced in 2021 via the Alonzo upgrade, allows developers to build secure, verifiable applications using its native scripting language, Plutus.

What ADA is Used For

The ADA token is the backbone of the Cardano network and serves several key functions. ADA is used for paying transaction fees for transferring assets or executing smart contracts, staking to help secure the network and earn passive rewards, voting on protocol upgrades and governance proposals, and as collateral in dApps and DeFi ecosystems. Cardano’s low fees, scalable architecture, and academic rigor have made it a favorite among long-term investors and developers building sustainable blockchain projects.

ADA Tokenomics

ADA has a maximum supply of 45 billion tokens, with around 35 billion already in circulation as of 2025. New ADA is distributed as staking rewards and through treasury-funded development. Since Cardano doesn’t rely on mining, ADA’s issuance is more environmentally friendly than proof-of-work assets.

Holders can delegate their ADA to staking pools to help validate the network and receive rewardswithout needing to run a node themselves.

Cardano(ADA) Price Movements ($)

PeriodAmount ChangeChange (%)
Today+$0.035679+4.29%
7 Days+$0.12096+16.19%
30 Days+$0.290365+50.25%

Cardano(ADA) Conversion Rate

FAQ

How does staking ADA work?

Cardano uses a Proof-of-Stake (PoS) mechanism called Ouroboros, which allows ADA holders to delegate their tokens to a staking pool. This helps secure the network while earning passive staking rewards. You don’t need to lock or transfer your ADA because it stays in your wallet and remains fully liquid while being staked.

Is Cardano environmentally friendly?

Cardano’s PoS model is highly energy-efficient compared to Bitcoin’s Proof-of-Work (PoW). It doesn't require energy-intensive mining, making it one of the more sustainable blockchains. This design aligns with Cardano’s mission of building responsible and scalable technology for global adoption.

Does Cardano support smart contracts?

Yes, Cardano added smart contract functionality with the Alonzo upgrade in 2021. Developers can now build decentralized apps using Plutus, Cardano’s smart contract programming language. This has enabled the rise of DeFi, NFT, and gaming platforms within the Cardano ecosystem.

How many ADA tokens are there?

Cardano has a maximum supply of 45 billion ADA. As of 2025, over 35 billion tokens are already in circulation. New ADA enters the ecosystem through staking rewards and treasury funding for development and innovation.

Where can I buy and store ADA?

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