Cardano

Cardano (ADA)

Rank #8Smart Contract PlatformLayer 1

Current Price

$0.72

â–² 1.90% (24h)

Market Cap

$25B

Rank #8

24h Volume

$680M

Trading activity

Circulating Supply

35.4B ADA

Max: 45B ADA

Price Statistics

All-Time High

$3.1

-76.77% from ATH

11/10/2021

All-Time Low

$0.017

+4135.29% from ATL

12/15/2018

Price Changes

24 Hours+1.90%
7 Days+4.75%
30 Days+9.50%
1 Year+38.00%

Cardano Price Analysis - Why Invest in ADA?

Cardano (ADA) is currently ranked #8 by market capitalization, with a total market cap of $25B. As a Smart Contract Platform, Cardano represents a significant player in the cryptocurrency ecosystem.

Current Market Performance

At the current price of $0.72, Cardano has shown positive momentum with a 24-hour change of 1.90%. The trading volume over the past 24 hours stands at $680M, indicating moderate market activity.

Supply Dynamics

Cardano has a circulating supply of 35.4B ADA tokens. With a maximum supply cap of 45B ADA, scarcity dynamics may influence long-term price appreciation.

Investment Considerations

Before investing in Cardano, consider the following factors:

  • Volatility: Cryptocurrency markets are highly volatile. ADA can experience significant price swings.
  • Technology: As a smart contract platform, Cardano's value is tied to developer adoption and ecosystem growth.
  • Competition: Consider how Cardano compares to competitors in the Smart Contract Platform space.
  • Risk Management: Never invest more than you can afford to lose. Diversify your portfolio.

Where to Buy Cardano

Cardano is available on major cryptocurrency exchanges. We recommend using established platforms with strong security records and high liquidity. Check our exchange comparison guide to find the best platform for buying ADA.

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