24 hour low
$0.853
24 hour high
$0.925
Market cap ranking
#9
Market cap
$30.1B
24 hour volume
$781.87M
Circulating supply
35.13B
Total supply
45B
The current price of Cardano is $0.857, with a 24-hour trading volume of $781,869,197.57. In the last 24 hours, the price of Cardano decreased by −6.52%. With a circulating supply of 35,131,891,445.2 ADA and a maximum supply of 45,000,000,000.00 ADA, Cardano's fully diluted market cap stands at $38,563,522,441.03. Currently, Cardano ranks #9 by market cap.
Cardano (ADA) is a decentralized platform and cryptocurrency that is focused on providing a more secure and sustainable infrastructure for the development and execution of smart contracts and decentralised applications. It was developed by Input Output Hong Kong (IOHK), a blockchain research and development company, and is named after the 16th-century Italian mathematician and philosopher Gerolamo Cardano. ADA is the native cryptocurrency of the Cardano blockchain and is used to pay for transaction fees and other computational services on the network. One of the key features of Cardano is its focus on providing a more secure and sustainable platform for the development of dapps. It uses a proof-of-stake consensus mechanism, which is designed to be more energy efficient and secure than proof-of-work mechanisms used by other cryptocurrencies like Bitcoin. It has a two-layer architecture, with a settlement layer for transactions and a control layer for smart contract execution, which allows for more flexibility and upgradeability in the future.