Cardano

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What is Cardano?

Cardano (ADA) is a crypto asset and blockchain platform launched in 2017. As a platform, Cardano’s goal is to be as environmentally sustainable as possible by using a proof-of-stake (PoS) system, which requires less processing power than the alternative proof-of-work models. Like Bitcoin, transactions are settled on Cardano’s first layer, and smart contracts are executed on Cardano’s second layer, which is similar to Ethereum. ADA is Cardano’s native token; it’s used both to pay transaction fees and to allow users to participate in Cardano’s PoS.
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Cardano News

Decrypt 5d
Cardano Hits 5-Month High As Bitcoin, Ethereum Hover Near Record Price

In brief Cardano's ADA has climbed double digits on the day and is one of the biggest winners of the week as it hit a five-month high. It comes as Bitcoin set...

Cardano Hits 5-Month High As Bitcoin, Ethereum Hover Near Record Price
The Block 6d
Grayscale registers Cardano, Hedera Trust ETF entities in Delaware, signaling potential S-1 filings

Delaware's official registration portal has added the Grayscale Cardano Trust ETF and the Grayscale Hedera Trust ETF to its list of entities on Tuesday. Such r...

CoinDesk 7d
Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50...

Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

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