Cardano (ADA)
Detailed analysis and information about Cardano
Cardano
ADA
Rank #3
Active
Current Price
$16,979.00
-4.95%
Market Cap
$496,534,525,665
USD
24h Volume
$6,148,820,519
USD
Circulating Supply
19,523,848
ADA
Overview
A blockchain platform focused on sustainability, scalability, and transparency. Cardano emphasizes peer-reviewed research and formal verification.
Technology
Cardano uses the Ouroboros proof-of-stake protocol and emphasizes peer-reviewed research and formal methods in its development.
Key innovations:
- Ouroboros proof-of-stake protocol
- Layered architecture (Settlement and Computation layers)
- Formal verification methods
- Peer-reviewed research approach
- Energy-efficient consensus mechanism
Use Cases
Cardano targets various real-world applications:
- Smart Contracts: Secure and formally verified smart contracts
- Identity Management: Decentralized identity solutions
- Supply Chain Tracking: Transparent and immutable supply chain records
- Financial Services: Banking and financial inclusion in developing countries
- Education: Credential verification and academic records
Asset Information
Market Activity
24h High
$22,189.00
24h Low
$34,116.00
7d Change
+5.2%
Volatility
Medium
