In total, there will be 45B ADA. This includes the circulating supply, as well as those supply being locked or staked, and those yet to be mined, minted, created.

Q: What is the fully diluted market cap (or FDV) of Cardano?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Cardano is 17.38B. The FDV is calculated taking the assumption that all supply of Cardano is circulation, multiplied by its current price of $0.386.

Q: What is the price prediction of Cardano in the near future?

With an algorithm automated identifying historical data trends, this Cardano price prediction estimates and adjusts the forecast from time to time based on current market conditions. With such advanced machine learning, this prediction can be used to help investors in gauging the probability of the crypto market before making any investment decisions.

Q: Is Cardano a good investment?

Cardano has a good potential ROI as the volatility itself opportunities for multitude profits. Such volatility is a double-edged sword, and as such would be suitable for investors with high risk tolerance and healthy financial position. Therefore, it is important to remember that Cardano and the crypto market as a whole is always subject to extreme market conditions, legal policies, social media stories, and other unpredictable factors. As such, it is advisable to exercise risk management and do your own research (DYOR) before investing in Cardano.

ADA

Rank #9

USD

$ 0.386

+ 3%

24H Low$0.3703

24H High$0.3883

24H Volume

240.9M

All-Time High(ATH)

$3.09

All-Time Low(ATL)

$0.01925

Market Cap

13.52B

Fully Diluted Valuation

17.38B

Market Cap/FDV

0.7774

Circulating Supply

34.98B ADA

Total Supply

45B ADA

Max Supply

45B ADA

Market Sentiment

* Data from 3rd parties

Overview
News
Historical Data

Cardano (ADA) Price Trends

Time period	Change amount	% Change
1H	$ -0.001242	-0.32%
24H	$ 0.01157	3%
7D	$ 0.01451	3.76%
14D	$ 0.03592	9.31%
30D	$ 0.1165	30.17%
1Y	$ 0.09875	25.58%

Live Cardano (ADA) Price Update

Cardano price today is $0.386 with a 24-hour trading volume of 240.9M, and as such Cardano has a market cap of 13.52B, giving it a market dominance of 0.9%. The Cardano price moved 3% 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 34.98B ADA. In terms of market cap, Cardano is currently ranked 9.

About Cardano (ADA)

The Cardano project was founded in 2015 by two former core members of Ethereum, Charles hoskinson and Jeremy wood. The name of the Cardano project derives from the Italian mathematician Gerolamo Cardano in the 16th century, while the name of ADA comes from ADA levea, the first programmer in human history.

Bitcoin represents the era of blockchain 1.0, Ethereum opens the era of blockchain 2.0, and Cardano is the representative of blockchain 3.0, aiming to solve the problems of scalability and sustainability in blockchain 2.0. Cardano's goal is to build a layered (settlement layer and compute layer) blockchain system, which is used to solve the problems of currency transaction and smart contract simultaneously.

How does Cardano (ADA) Work?

Cardano mainly uses layered technology and consensus mechanism to solve scalability problems:

Cardano blockchain is divided into two layers, one settlement layer (CSL) and one control layer (CCL).

Settlement layer (CSL): responsible for transferring ADA between accounts and recording trading information. The settlement layer can be considered the foundation of the entire Cardano system.

Control layer (CCL): contains smart contract logic for developers to develop DAPP on this layer.

In terms of consensus mechanism, Cardano adopts a consensus mechanism named Ouroboros among the proof of stake mechanisms. The proof of stake mechanism is to elect the next blocker through election. For the PoS consensus mechanism, the real random election of blockers is the key to ensure the security of the blockchain. In order to realize the randomness of the elected blockers, computer scientist Aggelos Kiayias and his team designed the Ouroboros consensus mechanism.

The Ouroboros consensus mechanism divides time into slots. Each slot randomly selects a "slot leader" to add the blocks generated by this slot to the blockchain. Multiple slots are one epoch, epoch is the overall time frame, and slot is the increment of 20s in epoch. At the end of an epoch, the previous slot leader will select the slot leader of the next epoch, and this cycle will be repeated, just like the Ouroboros.

What is Cardano (ADA) ?

ADA is the native token of the Cardano project, with a total circulation of 45 billion, of which 25 billion ADA are used for the Initial Coin Offering (ICO,) 5 billion are used for the company's operation support, and the remaining 15 billion ADA will continue to be issued. The block awards of Cardano Network are issued every 3.5 minutes. 75% of the ADA generated by each block is used to reward the holders, and 25% is used for project technology development and reward the ecosystem builders.

Cardano (ADA) Crypto Wallet

In addition to placing ADA in the Gate.io exchange to facilitate trading, ADA can also be placed in the crypto wallet.

Daedalus full node desktop wallet and Yoroi light wallet are officially recommended wallets of ADA. Daedalus full node desktop wallet downloads a complete copy of Cardano blockchain and independently validates every transaction in its history; Yoroi light wallet can be used as a web-based extension or mobile application without downloading a copy of the blockchain history.

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.