cardano price predictions 2022 (coin) 2024 latest coin price predicitions 2022 2024

cardano price predictions 2022 (coin) 2024 latest coin price predicitions 2022 2024

 

ADA Price Live Data

The live Cardano price today is $0.944514 USD with a 24-hour trading volume of $1,470,511,027 USD. We update our ADA to USD price in real-time. Cardano is down 5.78% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $31,793,588,377 USD. It has a circulating supply of 33,661,325,004 ADA coins and a max. supply of 45,000,000,000 ADA coins.

If you would like to know where to buy Cardano, the top cryptocurrency exchanges for trading in Cardano stock are currently Binance, OKX, DigiFinex, BitCoke, and Mandala Exchange. You can find others listed on our crypto exchanges page.

What Is Cardano (ADA)?

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.

To learn more about this project, check out our deep dive of Cardano.

The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.

Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.

The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.

In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzo’ hard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.

Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.

Who Are the Founders of Cardano?

Cardano was founded by Charles Hoskinson, who was also one of the co-founders of the Ethereum network. He is the CEO of IOHK, the company that built Cardano’s blockchain.

In an interview for CoinMarketCap’s Crypto Titans series, Hoskinson said that he got involved in cryptocurrencies back in 2011 — and dabbled in mining and trading. He explained that his first professional involvement in the industry came in 2013, when he created a course about Bitcoin that ended up being taken by 80,000 students.

As well as being a technology entrepreneur, Hoskinson is also a mathematician. In 2020, his technology company donated ADA worth $500,000 to the University of Wyoming’s Blockchain Research and Development Lab.

What Makes Cardano Unique?

Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus 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.

The project has taken pride in ensuring that all of the technology developed goes through a process of peer-reviewed research, meaning that bold ideas can be challenged before they are validated. According to the Cardano team, this academic rigor helps the blockchain to be durable and stable — increasing the chance that potential pitfalls can be anticipated in advance.

In 2020, Cardano held a Shelley upgrade that aimed to make its blockchain “50 to 100 times more decentralized” than other large blockchains. At the time, Hoskinson predicted that this would pave the way for hundreds of assets to run on its network.

The Alonzo hard fork launch in September 2021 will bring an end to the Shelley era, and usher in the Goguen phase. Users can develop and deploy smart contracts on Cardano, allowing native decentralized applications (DApps) to be built on blockchain. Cardano price broke the $3 mark and hit an all-time high of $3.101 on Sept. 2, 2021, ahead of the launch.

       This information was take in coin market cap

Data provided by  coin market cap

Previous Close	0.959975
Open	0.959975
Day's Range	0.936787 - 0.973086
52 Week Range	0.752810 - 3.099186
Start Date	2017-10-01
Algorithm	N/A
Market Cap	32.394B
Circulating Supply	33.66B
Max Supply	N/A
Volume	1,455,534,080
Volume (24hr)	1.46B
Volume (24hr) All Currencies	1.46B

 

 

 

 

Cardano USD (ADA-USD)

CCC - CoinMarketCap. Currency in USD

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0.962346-0.016187 (-1.65%)

As of 02:56PM UTC. Market open.