Cardano

0.556200

USDT
24hr Change: 2.76%

24h Price Change

0.549800 0.581900
0.556200
Low High
Cardano Price Statistics
ADA Price: 0.556200 $
24h Low: 0.549800 $
24h High: 0.581900 $
Cardano Details
Website: cardano.org
Blockchain: Blockchain Explorer
Symbol: ADA
Name: Cardano

What Is Cardano

It is named after Ada Lovelace: a 19th-century mathematician who is recognized as the first computer programmer, and is the daughter of the poet Lord Byron.

Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.

Every ada holder also holds a stake in the Cardano network. Ada stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, ada will also be usable for a variety of applications and services on the Cardano platform.