Price (USD)$ 0.5276
Circulating SupplyADA 33.73903B
Volume (24h)$ 405.96055M
Market Cap$ 17.80004B
Low/High 24h$ 0.5333 - $ 0.5819
Change (24h)-$ 0.03011
Cardano (ADA) is a decentralized platform using smart contracts. The system was launched in 2017 and has its own ADA coin.
Cardano is not just an altcoin. The system that uses it is a comprehensive technology platform supporting most financial apps used in economically developed countries. The platform has a flexible structure that allows it to be improved in any direction by introducing soft forks.
ADA crypto founders have formed three separate centers responsible for crypto management. Each center has its own area of responsibility for the development of individual areas of the platform:
Thanks to the separated business units, the efficiency of the platform is ensured and decision-making processes regarding the implementation of various innovations are sped up.
The developers' priority goal is to move away from the influence of centralized management on the crypto-network to enable its autonomous operation through self-regulation.
Cardano uses the PoS algorithm Ouroboros, which determines the fact of consensus achievement by individual nodes of the cryptocurrency network.
Those thinking "Is Cardano a good investment 2021?" should think about the following advantages:
However, ADA Cardano has disadvantages:
The Cardano price is growing. However, now it costs less than $2, and according to WalletInvestor, ADA will reach over $15.6 in November 2026. Although the answer to the question "Will Cardano reach $100 soon?" is negative, this cryptocurrency can bring profit.
ADA coin price today is 0.5276 USD.
To stake ADA, holders should download Daedalus Mainnet, create their wallet, deposit from 10 ADA, delegate their stake to a stake pool or run their own, and start getting profit.
Then you can deposit and withdraw funds at any time. During the staking process, you support the network by helping it work steadily and receive tokens as a reward. To understand your approximate profit, use a staking calculator.
According to the roadmap, Cardano founders have ambitious plans. Its development should finish with the Voltaire stage, where a treasury system and the ability for participants to present Cardano improvement proposals will be added to the platform. All this will make the network decentralized and more functional, letting holders get profit.
People thinking about how to buy ADA should use StealthEX. This non-custodial platform allows you to select from over 400 cryptocurrencies for quick exchange and stay secure because there's no need to provide much info.
To buy ADA crypto just go to StealthEX and follow these easy steps:
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.