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Cardano

Cardano

ADA
$0.59
+1.03%
$0.57 24H Price $0.60

ADA Price Live Data

Cardano today's live price is $0.59 USD with a 24-hour trading volume of $519,517,624 USD. Cardano has climbed by 1.03% in the last 24 hours. The current ranking is #8, with a live market cap of $21,053,328,156 USD, and a circulating supply of 35,463,504,212 ADA coins.

Market Cap
+1.04%
$21,053,328,156
Volume (24h)
-12.74%
$519,517,624
Circulating Supply
35,463,504,212 ADA
Fully Diluted Market Cap
$ 26,714,781,522

ADA RELATED NEWS

State of Cardano Q4 2023

Cardano (ADA) is a Proof-of-Stake (PoS) Layer-1 smart contract network launched in 2017. Cardano aims to provide security, scalability, and sustainability to decentralized applications and systems building on top of the blockchain. In addition to the community of developers, node operators, and projects, Cardano is supported by multiple entities: Input Output Global (IOG), dcSpark, MLabs, The Cardano Foundation, EMURGO, and more. They work together to support the network’s development, adoption, and finances while Cardano moves toward the age of Voltaire.

Cardano ecological domain name project CNS launches Cardano Connect: CNS reward event

On January 27th, Cardano's ecosystem domain name project CNS announced the launch of the Cardano Connect:CNS reward activity. Users can receive rewards by completing tasks, including 1000 custom CNS domain names and up to 5 million CNS points. The activity will last until 9:00 pm on January 30th.

Cardano Foundation and Petrobras partner to launch Web3 education program

Cardano Foundation has announced a partnership with Brazilian national oil company Petrobras to launch a Web3 education program aimed at promoting understanding and application of blockchain (Web3) technology among Petrobras employees. It is reported that the Web3 education program will also integrate interactive quizzes and NFTs, and will hold two seminars in the metaverse to introduce blockchain technology and regulatory knowledge.

Intersect plans to move Cardano core codebase to its administration

Intersect, a member organization of the Cardano ecosystem, announced plans to migrate the Cardano core codebase to its management department. The team stated: "Intersect will support those who maintain the Intersect member Repos." On December 16th, management of all 26 Cardano code repositories will be transferred to Intersect and its members, further supporting and enhancing its distributed development, and enabling the community to drive the future direction of blockchain. This migration constitutes an important part of the "Voltaire" era that Cardano is currently undergoing.

The total value locked in the Cardano ecosystem reached $440 million, with a 24-hour increase of 11.77%

According to Defillama data, the total locked value of the Cardano ecosystem is currently $440.55 million, with a 24-hour increase of 11.77%, as reported by Jinse Finance.

Affected by the price increase of ADA, Cardano TVL increased by 55.42% monthly

According to DeFiLlama data on December 13th, Cardano network's TVL (total value locked) has increased by 55.42% in a month, reaching 468 million US dollars. It ranks 12th in the global TVL rankings and has the largest monthly increase among the top 35 networks.<br>However, it is worth noting that the native token of the network, ADA, has risen by about 60% in the past month, and the TVL priced in ADA has not changed significantly. Therefore, it is judged that the TVL increase is mainly caused by the rise in token prices.

Cardano Foundation launches open source wallet Identity Wallet

On December 11th, the Cardano Foundation announced the launch of an open source wallet, Identity Wallet, compatible with W3C.The Cardano Foundation stated that the wallet supports multiple identity and credential standards, can securely manage digital assets, seamlessly interact with DApps on Cardano, reduce the entry barriers for new users, provide cross-ecosystem interoperability, and integrate key event receipt infrastructure (KERI) to enhance interoperability.

Cardano ecological NFT pledge agreement The ADA: TADA token has not been launched yet, please do not participate in any transactions

The ADA, a decentralized and scalable NFT staking protocol within the Cardano ecosystem, has issued a reminder on X platform that TADA tokens cannot currently be traded on any platform. Please do not participate in any trading before the token is officially launched. Please follow official channels for accurate and up-to-date information.

Intersect will provide approximately $1.33 million in governance project grants to the Cardano community

On November 29th, Intersect, a member organization of the Cardano ecosystem, announced the establishment of a 2 million Australian dollar (approximately 1.329 million US dollars) fund to support projects that empower the community and promote active participation in Cardano's development. The team stated, "We plan to provide 100 grants to strengthen and expand community-led decision-making in Cardano. Applications for various grant categories are now open, with a focus on creating strong ways for the community to discuss projects for improving Cardano."

Cardano founder invites Sam Altman to build a decentralized large-scale language model

Cardano founder Charles Hoskinson invited recently dismissed OpenAI (ChatGPT) CEO Sam Altman to collaborate on building a decentralized large language model (LLM) on Cardano. Earlier today, the OpenAI board announced that its CEO Sam Altman has resigned and stepped down from the company's board, and the company's chief technology officer Mira Murati has been appointed as interim CEO.

Cardano founder: willing to help Kraken build its L2 network

Charles Hoskinson, the founder of Cardano (ADA), posted on social media X that he is willing to help Kraken cryptocurrency exchange build its L2 network. However, Conrad, the operator of Blade mining pool based on Cardano, pointed out that if Kraken chooses to develop on top of Cardano, it will enjoy the security and community of Cardano.

Cardano Mithril 2 research paper introduces dataset ownership proof technology ALBA

Cardano recently released a research paper on its expansion solution, Mithril. Mithril was launched on the Cardano mainnet in July, and the Mithril 2 research paper introduces "innovative cryptographic technology." Romain Pellerin, Chief Technology Officer of Input Output Global (IOG), summarized the key points covered in the Mithril 2 paper. Pellerin explained that the paper introduces a technology called "Approximate Lower Bound Arguments" (ALBA). The goal of ALBA is to allow individuals to prove ownership of large datasets without disclosing the entire record. According to Pellerin, this method is applicable for proving ownership of multiple digital signatures from different individuals without disclosing the details of each signature.&nbsp;

Cardano Ecosystem anetaBTC’s Third Governance Voting Has Begun

Cardano's ecosystem-wrapped Bitcoin AnetaBTC announced that the third governance vote has begun. The vote will last for 72 hours and use cVOTE3 tokens to vote on Cardano. The token can be obtained on TosiDrop. The content of the vote is: cancel the BTC Fund to reduce the total supply of cNETA/NETA tokens by 30%; retain the BTC Fund and proceed as planned; dissolve the BTC Fund, but redistribute the tokens later.

Cardano development company IOG appoints two former Algorand team executives as CEO and COO respectively

On October 25th, Input Output Global (IOG), the development company for Cardano, announced the appointment of W. Sean Ford as CEO and David Markley as COO. Sean previously served as a founding member of the Algorand Inc team (as COO and CEO), as well as Chief Marketing Officer for Logmein (now GoTo) and held executive and founder positions in multiple companies. David previously led Algorand's operations, venture investments, and business solutions team and was previously a product manager for the cybersecurity technology company Carbon Black.

Cardano founder: Will not shut down ecological stablecoin project Djed

On October 25th, it was reported that Cardano founder Charles Hoskinson stated on the X platform that the Djed stablecoin project within the Cardano ecosystem will not be shut down and will be further supported. According to a report by Odaily in January of this year, the Cardano algorithmic stablecoin Djed was launched on the mainnet. Djed's price is anchored to the US dollar and is supported by profits from Cardano's native cryptocurrency ADA. It is reported that Djed was developed in collaboration with Coti and Input Output, the chief developer of Cardano.

Cardano founder: Will not shut down ecological stablecoin project Djed

According to the news that the Cardano ecological stablecoin project Djed is about to close, Cardano founder Charles Hoskinson stated on X platform that not only will the project not be closed, but the project team will also be further supported. According to a report by Odaily in January this year, Cardano's algorithmic stablecoin Djed went live on the mainnet, with Djed's price anchored to the US dollar and supported by the surplus of Cardano's native cryptocurrency ADA. It is reported that Djed was developed in collaboration with Coti and Input Output, the chief developer of Cardano.

'Nowhere To Hide' - Altcoins To Keep Getting Wrecked Against Bitcoin As 'Brutal Trend' Persists: Benjamin Cowen

According to crypto analyst Benjamin Cowen, altcoins are likely to continue losing value against Bitcoin. Cowen explains that this is a regular occurrence ahead of the Bitcoin halving, which is set to occur in April 2024. He notes that altcoins tend to break off their Bitcoin support levels during pre-halving years, leaving them with nowhere to hide and causing them to depreciate against Bitcoin. Cowen illustrates this trend with the example of Cardano versus Bitcoin, which has experienced significant drops over the past year.

Cardano Whales Sold or Reallocated Approximately 1.02 Billion ADA in the Past Week

Analyst Ali's data shows that Cardano whales sold or redistributed approximately 1.02 billion ADA, worth about $265 million, in the past week.

Cardano (ADA) Shows Improved On-Chain Activity Despite Bitcoin ETF Rejection

Following the rejection of all seven spot Bitcoin ETF applications by the US SEC, the crypto market experienced a significant sell-off. However, Cardano (ADA) has shown improved on-chain activity, with weekly transaction volumes surging by 1,700% since late January.

Crypto Market Experiences Bearish Trend with Bitcoin and Altcoins Trading in Red, Fear and Greed Index Corrects Slightly

Today, the crypto market is mostly bearish with Bitcoin and major altcoins trading in the red. The fear and greed index has corrected slightly but remains in the fear zone with a score of 35/100. Bitcoin's price is still below $30,000 at $25,997.91, while Cardano and Solana experienced gains.

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