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Cardano price

Cardano Price(ADA)

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1 ADA =
USD $0.633553
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Last updated 2024/02/20 10:48 (UTC)
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1.99%
Kraken
0.26%
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0.1%
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$ 0.633553
+0.75%
1D
Page last updated: 2024-02-20 10:48 (UTC+0)
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Price of ADA today

The live price of Cardano is $ 0.633553 per (ADA / USD) with a current market cap of $ 22.47B USD. 24-hour trading volume is $ 698.21M USD. ADA to USD price is updated in real-time. Cardano is +0.75% in the last 24 hours with a circulating supply of 35.46B.
ADA Price History USD
Date ComparisonAmount Change% Change
Today$ 0.004696+0.75%
30 Days$ 0.114774+22.12%
60 Days$ 0.015414+2.49%
90 Days$ 0.262999+70.97%

ADA Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.617451
High: $ 0.638911
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 3.099186
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+2.29%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+0.75%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+13.83%
The percent change in trading volume for this asset compared to 7 days ago.

ADA Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#8
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 22.47B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 698.21M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
35.46B
78.80%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
45.00B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 28.51B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Cardano (ADA)

Cardano (ADA) is a decentralized proof-of-stake (PoS) blockchain platform that launched in 2017. It was first conceptualized in 2015 by Charles Hoskinson, one of the co-founders of the Ethereum blockchain network. 

Cardano was developed to address the blockchain scaling and infrastructural limitations of first-generation decentralized blockchain network Bitcoin, and second-generation networks like Ethereum. In fact, Cardano is seen as a more scalable alternative to Ethereum. Cardano price is updated in real-time on Binance. 

To date, the Cardano blockchain network is one of the largest to have successfully implemented a PoS consensus mechanism that’s more power-efficient than alternative proof-of-work (PoW) blockchain networks. Function on the Cardano blockchain is facilitated by the capabilities granted by smart contract protocol, a technology initially popularized by Ethereum.

The native Cardano cryptocurrency token is ADA, which enables users to participate in network operations. The token is named after Ada Lovelace, a 19th century mathematician recognized as the world’s first computer programmer.

Cardano reportedly made significant progress in improving network scalability in 2022 through the Vasil hard fork. The network is further exploring this area with the preparation for Hydra, which provides a layer 2 scaling solution. This protocol will allow developers to introduce specialized and complex protocols to the platform by building on top of Cardano.

In addition, Cardano has plans to launch two stablecoins and continue developing oracles, which are essential for connecting on-chain and off-chain data. The current price of ADA is updated and available in real time on Binance.

People Also Ask: Other Questions About Cardano (ADA)

  1. What Does ADA Stand For?

    ADA was named after the world’s first recognized computer programmer, 19th century English mathematician Ada Lovelace. She is known for her work on the English description of The Analytical Engine, which was 18th century English mathematician and computer pioneer Charles Babbage’s mechanical general-purpose computer.

  2. What is Cardano (ADA) Used For?

    The primary purpose of the Cardano blockchain is as a global payment network facilitated by its native cryptocurrency, ADA. Additionally, Cardano serves to empower developers to build applications on its scalable, sustainable network. The network also has a mission to provide unbanked individuals everywhere with financial services and capabilities.

  3. How Many ADA Tokens Are in Circulation and is There A Max Supply?

    Cardano has a maximum supply of 45 billion ADA tokens. Of the current total of 34,277,702,081.605 ADA tokens, 33,752,565,071.288 are in circulation.

  4. Who is the Founder of ADA?

    Cardano (ADA) was founded by Charles Hoskinson in 2015 as a decentralized blockchain platform for smart contracts and dapps, with a focus on scientific philosophy and peer-reviewed research. Although Hoskinson is from Hawaii, the Cardano foundation was founded and is currently based in Zug, Switzerland.

  5. Who Owns the Most Cardano (ADA)?

    Cardano’s founder, Charles Hoskinson, is believed to hold the highest amount of Cardano (ADA) tokens.

  6. How Does the Cardano Network Function?

    The Cardano blockchain is split into two layers:

    • The Cardano Settlement Layer (CSL) facilitates and records all ADA transactions. 

    • The Cardano Computation Layer (CCL) contains the smart contract logic, which determines the rules and conditions of each transaction. 

    Cardano uses what is known as Ouroboros, a PoS algorithm that creates blocks and validates transactions on the blockchain. As part of the consensus mechanism scheme, the network is divided into epochs and slots, with epochs representing the overarching timeframes and slots representing 20-second intervals. In every slot, a leader is randomly picked to add the next block onto the blockchain, after which the next slot leader is picked.

    There are three types of nodes that operate on Cardano:

    • Edge: Used to create cryptocurrency transactions.

    • mCore: Allows holders to stake ADA and participate in distributed governance.

    • Relay: Facilitates data transfers between mCore and the public internet.

  7. What is Different About Cardano (ADA)?

    Cardano is referred to as a third-generation cryptocurrency and is designed to build upon earlier generations, with BTC being first-generation and Ethereum second-generation. As a third-generation digital ecosystem built in 2017, Cardano seeks to provide faster, more scalable, and more energy-efficient solutions to the blockchain industry. 

    Here are some handy comparison guides by Binance:

    1. Ethereum vs Cardano 

    2. Bitcoin vs Cardano

    3. Cardano vs Ripple

    4. Cardano vs Ethereum 2.0

  8. How to Buy Cardano (ADA)? 

    ADA can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live ADA price is updated in real-time on Binance. For additional instructions and information read our How to Buy Cardano (ADA) Guide.

  9. How to Stake Cardano (ADA)?

    Use Binance Earn for a principal guaranteed approach to earn the same number of ADA deposited to Savings and Staking returned to you along with yields paid out in the same type of token. See our Terms & Conditions and FAQs for more details.

  10. How Much Will Cardano (ADA) Be Worth in Future?

    Check out our Cardano (ADA) Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

  11. What is Cardona Price Now?

    Are you looking for Cardano (ADA) Price when you typed Cardona Price? Live Cardano price is updated in real-time on Binance.

ADA to Local Currency

FiatPriceOperation
1 ADA to TRY$ 0.633553
1 ADA to RUB$ 0.633553
1 ADA to EUR in Italy$ 0.633553
1 ADA to EUR in France$ 0.633553
1 ADA to EUR in Spain$ 0.633553
1 ADA to AED$ 0.633553
1 ADA to AUD$ 0.633553
1 ADA to BRL$ 0.633553
1 ADA to VND$ 0.633553
1 ADA to INR$ 0.633553
Last updated 2024/02/20 10:48 (UTC)

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