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Cardano

ADA

Cardano Market Stats

Cardano Price

$22,014.48

Cardano Price Change (24H)

$22,014.48

Cardano Price (24H Low)

$22,014.48

Cardano Price (24 High)

$22,014.48

Cardano Price (All Time High)

$22,014.48

Cardano Market Cap

$22,014.48

Cardano Volume (24H)

$22,014.48

Cardano Circulating Supply

$22,014.48

Cardano Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What Is Cardano (ADA)?

With respect to market capitalization, Cardano (ADA) is one of the most significant digital currencies in the crypto ecosystem. The coin’s abbreviation is named after the famous 19th-century mathematician Ada Lovelace. She was among the first computer programmers in the world.

Cardano is a public blockchain platform, and ADA is the cryptocurrency associated with this platform. It is an open-source, decentralized solution that works on the proof-of-stake concept. This digital currency has adopted the idea of Ethereum to develop a next-generation platform.

The Cardano blockchain provides a decentralized, sustainable, flexible, and scalable platform. It is designed to run smart contracts and support the development of decentralized financial applications.

Who Created Cardano (ADA)?

Cardano was launched in the year 2017 and is considered the third-generation cryptocurrency. This digital currency was launched to improve the functionality of Ethereum. It worked towards all the factors missing in the second-generation cryptocurrencies.

The co-founder of Ethereum, Charles Hoskinson, is the founder of Cardano. After falling out with Vitalik Buterin, the founder of Ethereum, he started his digital currency. He created the new generation of cryptocurrency to provide a more scalable and sustainable blockchain environment.

Cardano Coin - Comparewise

How Does Cardano (ADA) Work?

When Cardano was founded, the main goal was to create a sustainable blockchain network. For this reason, this digital currency works with the Proof of Stake concept rather than Proof of Work.

The PoW concept is not environmentally friendly and energy-intensive. This concept is used by major cryptocurrencies such as Bitcoin and Ethereum. In the PoS concept, however, validators stake their own coins, making it more environmentally friendly.

To verify all transactions, the blockchain network requires a foolproof method. Since there is no central bank, the underlying technology should do the work. In the PoS concept, validators use their ADA coins to stabilize the network and verify transactions.

Here is how validators stake their data and secure the blockchain platform.

  • This network rewards the participant who has invested the most in the platform with coins. Cardano network chooses the winner based on the number of Cardano coins a validator has in the pool. The amount of time is also taken into account.
  • The selected winner then validates the transaction made on the blockchain network. Other validators in the network must also confirm this validation. When enough confirmations are made, the platform updates the public ledger.
  • When the blockchain is updated, validators who participated in the process are rewarded with ADA. These rewards are distributed based on their stake.

The Cardano network is divided into two layers – CCL and CSL. These two layers allow the platform to validate millions of transactions every second. The Cardano Computing Layer is where all the computations are performed by apps running through this blockchain. On the other hand, the Cardano Settlement Layer manages the public ledger of accounts and balances.

Is Cardano (ADA) a Good Investment?

Cardano is undoubtedly one of the more stable coins that offer promising applications in the blockchain network. Some factors determine the value of this coin. Since the number of ADA coins is limited, they are inflation-proof. This implies that the more coins are mined, the more demand will increase.

While the decentralized aspect of this digital currency makes the platform secure, the multi-layered architecture makes it scalable. This makes this cryptocurrency one of the most trusted coins on the market, with great potential.

Another reason why Cardano is a beneficial investment is the trust investors have in this digital currency. ADA was developed by one of the co-founders of Ethereum, the second-largest cryptocurrency in the world. This boosts investor confidence in the technology behind the Cardano network.

The success of the Cardano app also depends on the number of decentralized applications developed on the platform. The platform would grow continuously with many start-ups working in this field. In conclusion, Cardano has a good chance of making its mark in the blockchain industry.

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FAQs about Cardano (ADA)

How Many Cardano (ADA) Coins Are There?

Cardano (ADA) coins are limited in number. The maximum supply of ADA coins is capped at 45 billion tokens. Out of these, around 32.04 billion ADA tokens are already in circulation.

How Is Cardano (ADA) Secured?

The Cardano (ADA) is secured by the Proof of Stake blockchain protocol, which selects the most invested validators.

What Can You Use Cardano (ADA) For?

Cardano is a decentralized, open-source network backed up by smart contracts. Due to this, it offers a variety of use cases in different sectors. These include education, retail, finance and digital identity, healthcare, and the development of DeFi apps.

Cardano News

Loan Amount

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Loan Amount

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Best Cardano Apps

Get $20 CAD in BTC with code: COMPAREWISE
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$100
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16+
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$250
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25+
Get a $25 Netcoins bonus when you sign up
Min Investment
$10
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22+
Get $25 CAD Newton bonus with code: 9APOU9
Min Investment
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Coins Available
70+
Get a $30 Coinberry bonus when you sign up
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$50
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29+
Get a $30 Shakepay bonus when you sign up
Min Investment
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2+
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Min Investment
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Up to 500 USDT welcome bonuses for new users
Min Investment
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600+
Get $100 when you top up $1k + earn up to 20% APR
Min Investment
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Coins Available
300+
Trade crypto at competitive rates in Changelly
Low Fees
0.5% - 5%
Coins Available
200+
Trade crypto, stock, and metals in one place
Min Investment
$1
Coins Available
130+

Best Cardano Wallets

Earn up to 8% yield on your crypto with Secure Wallet
Min Investment
$85 USD
Coins Available
70+
Limitless wallet addresses on one device
Storage Type
Cold
Coins Available
40+
Easy-to-use, ready within 10 minutes
Storage Type
Cold
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1000+
Manage over 5,500 digital assets + install over 100 apps
Storage Type
Cold
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100+
Full colour touchscreen + encrypted storage on cloud
Storage Type
Cold
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1000+
Connect through Bluetooth + use Ledger Live app
Storage Type
Cold
Coins Available
100+
Earn up to $16 worth of crypto in Coinbase
Min Investment
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Coins Available
100+
Stake and earn almost up to 40% yield
Min Investment
$50
Coins Available
50+
Stake and earn 5%-20% APY + get cash back
Storage Type
Cold
Coins Available
300+
Manage multiple wallets in one platform
Storage Type
Software
Coins Available
IOTA
Earn up to 11.01% APR with staking crypto
Min Investment
$50
Coins Available
1 million+
Buy Crypto directly with USD, EUR, and GBP
Min Investment
1 XLM
Coins Available
255+

Cardano Analysis

Cardano (ADA) Analysis Summary

While the analysts at altFINS predict a bearish breakout, the currency remains a solid short and long-term investment. With the crypto market being quite volatile and bearish, investors believe it’s the right time for ADA to build new technologies.

Gero Wallet co-founder Shawn Roller said that despite the bear market, projects developed on Cardano are consistent with their announcements. This shows the trust the people have gained in 2022 towards cryptocurrency.

According to the experts, the price of ADA is expected to reach $3.81 by 2025. Even if the bearish trend continued for a couple of years, the coin would steadily increase to reach its high lifetime value.

As of 2030 predictions, analysts at Cryptopolitan and Changelly believe that the price of ADA will soar up to $18.52. The coin will average $15.2.

Analysis Q&As

What is Cardano price today?

Cardano - ADA price today is [price] within 24-hour trading volume of [Volume].

What is Cardano price in Canada?

Cardano - ADA price today is [price] within 24-hour trading volume of [Volume].

What is Cardano price in USA?

Cardano - ADA price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Cardano?

Cardano hit an all time high of [All High].

What was the lowest price for Cardano?

Cardano had an all time low of [All Low].

What was the 24 hours trading volume of Cardano?

The 24 hour trading volume of Cardano is [Volume].

What Cardano value has been traded in the past 24 hours?

The Cardano value traded over the last 24 hour is [Volume].

Where can Cardano be traded?

You can trade Cardano on CoinSmart, Bitbuy, NetCoins, Newton, and Coinberry. The popular trading pairs for Cardano in the market includes ADA/USD, Cardano/CAD, Cardano/EUR, Cardano/GBP, and Cardano/AUD. Cardano is a token that is related to the coin categories.

Where to buy Cardano in Canada?

You can buy Cardano in Canada on CoinSmart, Bitbuy, NetCoins, Newton, and more. Check out other popular Cardano exchanges on our best crypto exchange in Canada article.

Where to buy Cardano in USA?

You can buy Cardano in USA on CoinSmart, Coinbase, Binance, KuCoin, and more. Check out other popular Cardano exchanges on our best crypto exchange in the USA article.

What exchange is Cardano on?

Online traders can buy or sell Cardano (ADA) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

What wallets can store Cardano?

You can store your Cardano safely on Zengo, Keepkey, Trezor Model One, Ledger Nano S, and Trezor Model T wallet. To see more popular wallet visit our best crypto wallet article.

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Cardano Price CAD Conversion

Convert Cardano to CAD

ADA to CAD

ADA

CAD

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert CAD to Cardano

ADA to CAD

CAD

ADA

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 ADA to CAD

0.001 [BTC]

$26.19928 [CAD]

Cardano Technicals

See Comparewise coin rating definitions for more information.

Cardano Price Statistics
Cardano Price Today

12/01/2022

Cardano Price

$22,014.48

Cardano Price Change (24H)

$22,014.48

Cardano Price (24H Low)

$22,014.48

Cardano Price (24H High)

$22,014.48

Cardano Price (All Time High)

$22,014.48

Cardano Market Cap

$22,014.48

Cardano Volume (24H)

$22,014.48

Cardano Circulating Supply

$121.3M

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