Cardano
ADA Price
How is the price of Cardano (ADA) calculated?
The price of Cardano (ADA) is calculated in real-time by aggregating the latest data across 139 exchanges and 582 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Cardano Price Chart (ADA)
1h | 24h | 7d | 14d | 30d | 1y |
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0.4% | 5.3% | 1.9% | 7.7% | 6.0% | 2.5% |
ADA Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$11,872,861,440 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.79 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$14,945,035,146 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$351,910,413 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
35,749,582,359
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
45,000,000,000 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
45,000,000,000 |
ADA Historical Price
24h Range | $0.3284 – $0.3518 |
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7d Range | $0.3297 – $0.3619 |
All-Time High |
$3.09
89.3%
Sep 02, 2021 (about 3 years)
|
All-Time Low |
$0.01925
1620.5%
Mar 13, 2020 (over 4 years)
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How do you feel about ADA today?
About Cardano (ADA)
Cardano is a proof-of-stake blockchain network that supports decentralized applications (dApps) with a multi-asset ledger and smart contracts. Unlike many other blockchains, Cardano does not build on top of technical foundations from Bitcoin or other blockchains. Instead Cardano works with leading academics on research to develop new and innovative solutions, which are subjected to academic peer review and presented at major international conferences. The team then builds a prototype to understand real-world technical and functional implementation issues, enabling the creation of technical specifications before formal development begins.
On 22 September 2022, Cardano implemented the Vasil hard fork. The Vasil hard fork is intended to improve smart contract capabilities, increase the chain’s throughput and reduce costs, while also enhancing transaction validation.
What Makes Cardano Unique?
Cardano uses a unique Proof-of-Stake mechanism known as Ouroboros, where transactions are verified by splitting the chains into epochs, which are in turn segmented into time slots. For every time slot, a new slot leader is elected and is responsible for adding a block to the chain for their assigned slot. As each epoch can be partitioned infinitely, the Cardano blockchain is theoretically infinitely scalable, making it possible to run multiple transactions simultaneously.
History of Cardano
Cardano was founded in 2015 by Charles Hoskinson, one of the founding members of Ethereum. The development of Cardano was funded through an initial coin offering in 2017, which raised over $60 million. The first version of Cardano’s blockchain was launched in September 2017, which focused on establishing the Cardano Settlement Layer and the Ouroboros consensus algorithm. In the next phase, Cardano focused on optimizing decentralization by shifting in favor of community-run nodes. Next came smart contracts and the creation of decentralized applications, and Cardano is now in the scaling phase, which is focused on enhancing its performance and stability.
What’s Next for Cardano?
The next stage for Cardano will be the Voltaire era of Cardano, after which the Cardano network will become a self-sustaining system with its own voting and treasury system, where network participants can use their stake and voting rights to influence the development of the Cardano network. Network participants will also be able to present improvement proposals to be voted on, and a fraction of transaction fees will be set aside to fund development activities after votes have taken place.
What Can ADA Be Used For?
ADA is the native coin of Cardano, and it is named after Ada Lovelace, who is recognized as the first computer programmer. At the moment, ADA holders can delegate their coins to a stake pool to earn staking rewards for securing the network. Also, ADA tokens are needed to pay for transaction fees on the Cardano platform. Eventually, ADA will also confer voting rights upon its holders, who can then vote on future changes to the network.
Cardano (ADA) FAQs
Where can you buy Cardano?
ADA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Cardano is WhiteBIT, where the most active trading pair ADA/USDT has a trading volume of $18,062,087.00 in the last 24 hours. Other popular options include Binance and HTX.
What is the daily trading volume of Cardano (ADA)?
The trading volume of Cardano (ADA) is $350,935,532.74 in the last 24 hours, representing a 4.80% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Cardano (ADA)?
The highest price paid for Cardano (ADA) is BTC0.00007382, which was recorded on Sep 02, 2021 (about 3 years). Comparatively, the current price is -89.30% lower than the all-time high price.
What is the all-time low for Cardano (ADA)?
The lowest price paid for Cardano (ADA) is BTC0.052950, which was recorded on Mar 13, 2020 (over 4 years). Comparatively, the current price is 1,620.50% higher than the all-time low price.
What is the market cap of Cardano (ADA)?
Market capitalization of Cardano (ADA) is BTC173,398.8577 and is ranked #12 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ADA tokens (36 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Cardano (ADA)?
The fully diluted valuation (FDV) of Cardano (ADA) is BTC218,266.8462. This is a statistical representation of the maximum market cap, assuming the maximum number of 45 Billion ADA tokens are in circulation today. Depending on how the emission schedule of ADA tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Cardano compare against its peers?
With a price decline of -2.10% in the last 7 days, Cardano (ADA) is underperforming the global cryptocurrency market which is down -1.80%, while underperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 0.30%.
Cardano Markets
# | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
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1 |
CEX
|
$0.33094355671273923000000000000000000 | 0.01% | $784,652 | $1,257,564 | $18,062,087 | 5.15% |
Recently
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2 |
CEX
|
$0.330646413013868660000000000000000 | 0.03% | $670,449 | $818,522 | $33,543,723 | 9.57% |
Recently
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3 |
CEX
|
$0.33157261271064026000000000000000 | 0.02% | $224,898 | $230,773 | $10,206,318 | 2.91% |
Recently
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4 |
CEX
|
$0.332599515643828900000000000000000 | 0.03% | $1,389,328 | $1,593,653 | $9,796,726 | 2.79% |
Recently
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5 |
CEX
|
$0.330510924951368860000000000000000 | 0.03% | $153,449 | $157,994 | $8,346,201 | 2.39% |
Recently
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6 |
CEX
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$0.332236909374762400000000000000000 | 0.03% | $182,147 | $239,232 | $5,882,512 | 1.68% |
Recently
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7 |
CEX
|
$0.3325819648292899000000000000000000 | 0.03% | $846,771 | $960,213 | $4,444,520 | 1.27% |
Recently
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8 |
CEX
|
$0.3299537880027519400000000000000 | 0.03% | $1,070,536 | $945,408 | $5,290,819 | 1.51% |
Recently
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9 |
CEX
|
$0.33256484710053710000000000000000000 | 0.05% | $223,709 | $203,542 | $7,843,088 | 2.23% |
Recently
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10 |
CEX
|
$0.3318000000000000000000000000000000000000000000000 | 0.03% | $197,563 | $308,581 | $4,549,908 | 1.3% |
Recently
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