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Cardano

ada

$0.438Price Change 24h: 0.79%Price data by Coingecko logoCoinGecko

Cardano Price Chart

Cardano Price Converter

ada

24-Hour Range

$0.431 $0.438
LowHigh

Market Cap

Rank#11
Market Cap$15.56B
Volume$453.95M

Supply

Circulating35.56B
Total45.00B
Created on01/01/1970

All Time High

ATH$3.09
ATH Change-85.85%
ATH Date09/02/2021

Cardano Price Perfomance

PeriodChange [%]LowHigh
24h0.79%$0.431$0.443
7 days19.11%$0.391$0.408
14 days7.95%$0.391$0.408
1 month5.79%$0.411$0.414
1 year32.52%$0.286$0.358

Cardano OHLC

DatePriceNet ChangeChange [%]PriceNet ChangeChange [%]
07/09/2024Close0.3688630.026.64%High0.3794540.00792.12%
Open0.346162-0.03-6.84%Low0.333427-0.01-3.38%
07/08/2024Close0.34591-0.03-6.76%High0.371566-0.0014-0.37%
Open0.3715660.026.33%Low0.34509-0.0029-0.83%
07/07/2024Close0.3710080.026.05%High0.372940.013.14%
Open0.349434-0.01-3.36%Low0.3479860.039.24%
07/06/2024Close0.349841-0.01-3.67%High0.361588-0.05-12.30%
Open0.361588-0.04-10.98%Low0.318554-0.04-11.80%
07/05/2024Close0.363161-0.04-10.67%High0.4123-0.01-2.39%
Open0.406181-0.01-2.74%Low0.361192-0.04-9.81%
07/04/2024Close0.40653-0.01-2.61%High0.4223740.00330.79%
Open0.4176350.013.61%Low0.400473-0.0022-0.54%
07/03/2024Close0.4174070.013.64%High0.4190770.012.68%
Open0.4030780.012.93%Low0.4026550.012.91%

* Price information provided by CoinGecko. Day starts at UTC 00:00

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What is Cardano (ADA)?

Cardano is a Layer 1 blockchain.

Who created Cardano?

Cardano was created by Charles Hoskinson, who has been described as the black sheep among Ethereum’s eight co-founders. While Cardano development began in 2015, the network did not launch on mainnet until September 2017. The Cardano network is developed and maintained by IOHK, a company founded by Hoskinson and Jeremy Wood.

How does Cardano work?

ADA functions as the network token for Cardano, with users able to pay for transaction fees using the asset, and Proof of Stake validators receiving ADA as rewards for maintaining the chain.

What is the maximum supply of ADA?

ADA’s supply is hard-capped at a limit of 45 billion. While the supply of ADA was inflating at a rate of 5.53% as of June 2024, new ADA issuance reduces by 0.3% every epoch (every five days).

What are the benefits of using Cardano?

IOHK has engaged in extensive research in partnership with academic institutions and governments. The network introduced smart contract functionality until the activation of its Alonzo upgrade in September 2021. Cardano also launched support for sidechains facilitating off-chain execution in November 2023.

What are the risks of using Cardano?

Cryptocurrencies are subject to significant price volatility. Centralized exchanges pose counterparty risk to users, while non-custodial wallets can be targeted by hackers and scammers, and can be lost forever if a user fails to securely store their private keys. Some legal jurisdictions have also sought to crack down on cryptocurrency trading and related activities.

U.S. regulators have recently sought to characterize ADA as a security due to the project raising more than $62 million through an initial coin offering that began in 2015. In 2023, the U.S. Securities and Exchange Commission’s lawsuits against the Kraken and Binance centralized exchanges both described ADA as a security. The Cardano team refuted the categorization.

What is ADA’s historic price range?

ADA tagged an all-time low of $0.02 on March 13, 2020, and posted a record high of $3.09 on September 2, 2021.

Latest posts about Cardano

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stylized representation of the Cardano logo

Cardano to Incorporate CIP-69 in Next Upgrade to Streamline dApp Development

Founder Charles Hoskinson said that community feedback factored into the decision.
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Cardano’s Never Been Hacked?

Cardano’s Never Been Hacked?

We caught up with Pierre Kaklamanos of the Cardano Foundation. Pierre shares the latest on Cardano, discusses upcoming collaborations, and explains why Cardano remains unhacked. He touches on the eUTXO model, shares insights on regulatory approaches, and offers a glimpse into what to expect from Cardano in 2024.
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Vasil Upgrade Could Finally Unlock DeFi on Cardano

Vasil Upgrade Could Finally Unlock DeFi on Cardano

$200M Fund Planned To Spur Development
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Cardano Deploys ‘Vasil’ Upgrade

Cardano Deploys ‘Vasil’ Upgrade

Performance Improvements Are Expected To Benefit DeFi Apps
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MAJOR CARDANO UPDATE + SAYLOR BUSTED?!

MAJOR CARDANO UPDATE + SAYLOR BUSTED?!

GM and WAGMI. Unless your name is Michael Saylor.
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Crypto Markets Stabilize After $693B Sell-Off

Crypto Markets Stabilize After $693B Sell-Off

Crypto markets have stabilized, ending a market free-fall that erased $693B from crypto’s market capitalization from May 5 to May 12. Crypto’s market capitalization fell from $1.81T on May 5 to lows of $1.12T on May 12. The market started to rise on Friday, and now rests at $1.28T, data from CoinMarketCap shows. The crash…
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Alt Layer 1 Trade Unravels as Ethereum Killers Sink Below ETH

Alt Layer 1 Trade Unravels as Ethereum Killers Sink Below ETH

Solana, Fantom and Other Layer 1s Ride the Storm
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Cardano’s SundaeSwap Dex is Here. Does It Work? | Sundaeswap First Look

Cardano’s SundaeSwap Dex is Here. Does It Work? | Sundaeswap First Look

SundaeSwap is a Decentralized Trading Protocol on Cardano. It’s a native, scalable decentralized exchange and automated liquidity provision protocol.
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Cardano Launches Smart Contracts But Now Must Deliver on Ecosystem’s Promise

Cardano Launches Smart Contracts But Now Must Deliver on Ecosystem’s Promise

At long last, Cardano has smart contracts. Input Output Hong Kong (IOHK), one of three companies backing Cardano, announced the release on Sep. 12 as part of the so-called Alonzo upgrade. The deployment means the end of a long wait — Cardano launched its mainnet four years ago but hasn’t been able to run decentralized…