Cardano

Cardano PriceADA

Rank #18

About Cardano (ADA)

Explorers

Website

cardano.org

Community

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.

Cardano (ADA) Price Trends

24H High$0.3567
24H Low$0.3511
24H Volume$437.22K
Market Cap
$12.62B
All-Time High(ATH)$3.09
Circulating Supply
35.71B ADA
All-Time Low(ATL)$0.01925
Total Supply
45.00B ADA
Market Cap/FDV
79.37%
Max Supply
45.00B ADA
Fully Diluted Valuation
$15.90B
Market SentimentPositive

Live Cardano (ADA) Price Update

Cardano price today is $0.354 with a 24-hour trading volume of $437.22K, and as such Cardano has a market cap of $12.62B, giving it a market dominance of 0.60%. The Cardano price moved +0.39% in the last 24 hours.

Time period
Change amount
% Change
1H-$0.0007094-0.2%
24H+$0.001375+0.39%
7D+$0.002983+0.85%
30D-$0.002603-0.73%
1Y+$0.1079+43.90%

Credibility Indicators

89.05
Reliability Score
Rank #131
PercentileTOP 5%

Popular ADA Exchanges

Team Members

Jeremy Wood
Jeremy WoodCo-Founder
Aggelos Kiayias
Aggelos KiayiasChief Scientist
Tamara Haasen
Tamara HaasenPresident
Romain Pellerin
Romain PellerinCTO

Investors

Julian SarokinJulian Sarokin

News

News Flash

2024-10-10 10:14
Sprz.
Cardano (ADA) tests the $0.34 support level - on-chain data indicates price consolidation After weeks of intense fluctuation and uncertainty, Cardano (ADA) is now at a critical price level. After a series of intense price fluctuations - first a 27% surge, then a 20% retracement, followed by a 10% pump, and now a 7% drop to $0.34 - Cardano finds itself at one of the most critical support levels. Maintaining this level is crucial for long positions to sustain momentum and avoid further decline. Market data shows that ADA may be entering a consolidation phase, typically preceding significant Fluctuation in price. Investors and traders closely follow this level as it could determine whether Cardano is gearing up for a bullish trend breakthrough or a deeper adjustment. With the entire Crypto Assets market in anticipation, the upcoming price movement of ADA will be crucial for its next trend. As market sentiment remains mixed, this consolidation period may set the tone for Cardano's direction in the coming weeks. Cardano (ADA) is showing signs of entering a potential consolidation phase, which is a crucial moment for investors to evaluate their next move. Recent on-chain data shows a surge in large transactions followed by stabilization, indicating that the market is cooling off after weeks of fluctuation. As ADA hovers near a key support level, this stability may pave the way for a more balanced price movement. Further data confirms the integrated statement. ADA has not closed the position contract (OI), and the weighted financing interest rate has decreased, but it is still positive. The decrease but positive financing interest rate indicates that the demand for ADA is slowing down, but it has not yet reached the market's expected level of significant short selling. In Cryptocurrency, when the financing Intrerest Rate drops but remains in positive territory, the market will consolidate instead of preparing for a sharp decline. This indicates that although the pump momentum of ADA has slowed down, there is still no overwhelming bearish sentiment. If ADA can maintain above the current level during this consolidation phase, it indicates that PA is healthy. The key is whether long positions can hold these levels, which may bring more sustained rebound in the coming weeks. Investors must closely follow these indicators as the market is testing ADA's resilience. Cardano (ADA) is currently trading at $0.34, failing to reclaim two key levels: the 4-hour 200 MA (MA) at $0.356, and the 200 exponential MA (EMA) at $0.359. These indicators are crucial for ADA to regain a bullish momentum, and their rejection suggests that the price movement may be weak. However, ADA still remains above the key support level of $0.34. If it falls below this level, the price may face a significant retracement, with support levels potentially dropping to around $0.32 or even falling to $0.30. This makes the $0.34 support level crucial for maintaining the current market sentiment. On the contrary, if ADA can reclaim the 4-hour 200 MA and 200 EMA, break through $0.36, it may lay the foundation for a Rebound to a higher resistance level. The next important resistance area worth following will be around $0.41, and further bullish momentum may face the next challenge. The next few days are crucial for ADA, as it will consolidate and prepare for the next move. Investors are closely following these key technical levels to determine the short-term direction of price movement. (Data source: Sebastian Villafuerte)

Insight

Other

Fund Flow

Small Orders

Inflow ($)

18.32M

Outflow ($)

3.11M

Medium Orders

Inflow ($)

207.14K

Outflow ($)

106.55K

Large Orders

Inflow ($)

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Outflow ($)

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