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    Cardano

    ADA

    Rank #13

    $0.4827

    -0.19%
    24H Low$0.4764
    $0.485924H High
    24H Volume
    $245.8 M
    All-Time High(ATH)
    $3.09
    All-Time Low(ATL)
    $0.01925
    Market Cap
    $17.03 B
    Fully Diluted Valuation
    $21.72 B
    Market Cap/FDV
    78.41%
    Circulating Supply
    35.28 B ADA
    Total Supply
    45 B ADA
    Max Supply
    45 B ADA
    Market Sentiment
    Positive
    * Data from 3rd parties

    Cardano (ADA) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.001636
    +0.34%
    24H
    $-0.0009189
    -0.19%
    7D
    $+0.03658
    +8.2%
    30D
    $+0.03173
    +7.04%
    1Y
    $+0.1038
    +27.39%

    Credibility Indicators

    89.02

    Reliability Score

    Rank #1

    # 132

    Percentile

    TOP 5%

    Team Members

    Jeremy Wood

    Jeremy Wood

    Co-Founder

    Aggelos Kiayias

    Aggelos Kiayias

    Chief Scientist

    Tamara Haasen

    Tamara Haasen

    President

    Romain Pellerin

    Romain Pellerin

    CTO

    Investors

    Julian Sarokin

    Julian Sarokin

    Live Cardano (ADA) Price Update

    Cardano price today is $0.4827 with a 24-hour trading volume of $245.8 M, and as such Cardano has a market cap of $17.03 B, giving it a market dominance of 0.80%. The Cardano price moved -0.1900% in the last 24 hours.

    Cardano reached its highest price on 2021-09-02 when it was trading at its all-time high of $3.09, while its lowest price was recorded on 2020-03-13 when it was trading at its all-time low of $0.01925. The current lowest price since the last cycle high was $0.01925, and the highest price since the last cycle low was $3.09. The social sentiment of Cardano is currently Positive.

    The current circulating supply of Cardano is $35.28 B ADA. In terms of market cap, Cardano is currently ranked 13.

    About Cardano (ADA)

    Cryptocurrency ADA is the currency of the Cardano protocol, which can be used to send and receive digital funds. This digital cash represents the future of money and makes it possible to ensure secure and fast direct transfers through encryption technology. Cardano is not only a cryptocurrency, but also a technology platform that will be able to run the financial applications currently used by individuals, organizations and governments around the world. The platform is built in layers, which makes the system more flexible and easy to maintain, and allows upgrading through soft fork. After the settlement layer that will run ADA is completed, a separate computing layer will be established to process smart contracts. These digital legal protocols will provide support for future businesses and businesses. Cardano will also run distributed applications or dapps services, which are not controlled by any party, but run on the blockchain. This is the first blockchain project developed according to scientific principles and the only project designed and built by a team of leading scholars and engineers in the world. The technology must be secure, flexible and scalable for millions of users. Therefore, a lot of ideas and care from some leading experts in this field have been put into the project and made wise design decisions. The scientific rigor applied to mission critical systems such as aerospace and banking has been brought into the field of cryptocurrency and has a high degree of implementation. We think this is the first time. A major innovation of Cardano is that it will balance the needs of users and regulators, and combine privacy and regulation. Caldano's vision is that its new standardized computing will bring greater financial inclusiveness through open channels to provide fair financial services for all.

    FAQs

    1. What determines the price movement of Cardano?

    There are two schools of thought in determining the price of Cardano.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Cardano, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Cardano from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Cardano on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Cardano as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Cardano and the cryptocurrency market as a whole.

    Cardano Tokenomics

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    Cardano Analysis

    Cardano (ADA) News

    Cardano (ADA) Announcements

    Date
    Market Cap
    Volume
    Open
    Close
    2024-05-18
    $17.17 B
    930.59 M ADA
    $0.4814
    N/A
    2024-05-17
    $16.37 B
    973.71 M ADA
    $0.4588
    $0.4814
    2024-05-16
    $16.22 B
    811.18 M ADA
    $0.4548
    $0.4588
    2024-05-15
    $15.31 B
    835.03 M ADA
    $0.4293
    $0.4548
    2024-05-14
    $15.57 B
    717.99 M ADA
    $0.4365
    $0.4293
    2024-05-13
    $15.81 B
    865.47 M ADA
    $0.4432
    $0.4365
    2024-05-12
    $15.67 B
    360.32 M ADA
    $0.4395
    $0.4432
    2024-05-11
    $15.92 B
    420.49 M ADA
    $0.4463
    $0.4395