Cardano (ADA) Coin Price: Cardano coin is one of the coins in the CryptoCurrency market. This coin ranked in the Market cap Rank at 5th place. The price of this coin is $1.32 while writing this article. Cardano was founded by Charles Hoskinson who was also one of the co-founders of the Ethereum network.
Cardano is used by agricultural companies to track fresh produce from field to fork. While other products made on the platform allow educational credentials to be stored in a tamper-proof way. Including retailers to clamp down on false goods.
The all-time highest price of the coin is $2.45 which happened just 2 months ago. The all-time lowest price of the coin is $0.01925275 which happened one year ago. The highest price in the past 24 hrs is $1.34. The lowest price in the past 24 hrs is $1.20.
It has a circulating supply of 32,041,069,499 ADA coins and a maximum supply of 45,000,000,000 ADA coins. The trading volume of the ADA coin is $1,783,437,976.
The top exchanges for trading in Cardano are currently Binance, Digifinex, OKEx, Huobi Global, CoinTiger, and FTX for buying and selling ADA coins for the exchange of Cardanoexplorer, Cardanoscan, Blockchair.
Cardano is one of the biggest blockchains to successfully use a proof-of-stake consent mechanism, which is less energy-intensive than the proof-of-work algorithm relied upon by Bitcoin. Although the much larger Ethereum is going to be upgrading to PoS, this transition is only going to take place gradually according to Coin Market Cap.