Adacoin (ADA) has long been in the top 10 in the cryptocurrency market value rankings and is one of the fastest-growing cryptocurrencies in market value. ADAcoin was established in 2015. Its founder, Charles Hoskinson, was One of the co-founders of Ethereum.

The blockchain to which Cardano belongs is Cardano, and Cardano is widely regarded as a third-generation blockchain platform in the blockchain community. It integrates the advantages of Bitcoin (BTC) and Ethereum (ETH) and can effectively It processes a large amount of information, so some investors regard ADA currency as a competitor of Ethereum, and is called the "new generation of Ethereum".