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Cardano

InfraLayer1
Cardano is an open-source, decentralized, and public blockchain platform. Consensus is achieved using proof of stake. Development of the platform began in 2015, and it was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum.
About
Latest News
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FAQ
What is Cardano?
Cardano is a public decentralized blockchain platform that utilizes the cryptocurrency ADA to facilitate transactions. It was founded in 2015 by Charles Hoskinson and Jeremy Wood, with the aim of creating a more secure and scalable blockchain through a research-driven approach.
How Does Cardano Work?
Cardano employs a unique Proof-of-Stake consensus mechanism called Ouroboros, which divides time into epochs and slots, with slot leaders responsible for adding blocks to the chain. This design enhances scalability and energy efficiency compared to traditional Proof-of-Work systems.
What Makes Cardano Unique?
Cardano distinguishes itself through its commitment to peer-reviewed research and formal methods in its development process. Key features include support for smart contracts, decentralized applications (DApps), and a multi-asset ledger, all built with a focus on security and scalability.
Who Are the Founders of Cardano?
Cardano was co-founded by Charles Hoskinson and Jeremy Wood. Hoskinson, an American entrepreneur, was also a co-founder of Ethereum. He studied mathematics at Metropolitan State University of Denver and the University of Colorado Boulder. Wood collaborated with Hoskinson to establish IOHK, the engineering company behind Cardano.

Latest News

What Key Events Have There Been for Cardano?
In May 2024, Liqwid Finance launched the Cardano Staking ETP (CASL) on the Deutsche Börse, allowing investors to track ADA's performance and earn staking rewards without needing a digital wallet. This development marked a significant integration of Cardano into traditional financial markets.
Project Announcements
In November 2023, Cardano introduced 'Midnight,' a partner chain designed to perform off-chain computations while using the Cardano network for settlement. This initiative aims to enhance the platform's scalability and privacy features.

Upcoming Events

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Projects Announcements

Where to Buy ADA?
ADA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Cardano is Binance, where the most active trading pair ADA/USDT has a trading volume of $107,366,241.06 in the last 24 hours. Other popular options include HTX and MEXC.
ADA Price
Daily Trading Volume
As of July 4, 2025, the 24-hour trading volume for ADA is approximately $934,496,121.06, indicating a 45.60% increase from the previous day.
All-Time High
ADA reached an all-time high of $3.09 on September 2, 2021, which is approximately 81% higher than its current price.
All-Time Low
The all-time low for ADA was $0.01925 on March 13, 2020, representing a significant increase compared to the current price.
Market Cap and Valuation
Market Cap
As of July 4, 2025, ADA's market capitalization is approximately $21.37 billion, ranking it among the top cryptocurrencies by market cap.
Fully Diluted Valuation
The fully diluted valuation of ADA is approximately $27.18 billion, considering the maximum supply of 45 billion ADA tokens.
ADA Price Prediction
Price predictions for ADA vary among analysts. Some forecasts suggest that ADA could reach between $2.10 and $3.50 by 2025, driven by increased adoption and technological advancements. However, these predictions are speculative and should be considered with caution.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.