Cardano Price Today – ADA USD Live Price & Market Cap
Cardano (ADA) Price Overview
The live Cardano price today is approximately $0.25 USD, with a 24-hour trading volume exceeding $405 million. Cardano ranks among the top 12 cryptocurrencies globally by market capitalisation, which currently stands at around $9.3 billion. The ADA/USD rate updates in real time across all major exchanges.
Key Facts:
- Proof-of-stake blockchain with low energy consumption
- Smart contracts enabled since the Alonzo upgrade (Sept 2021)
- Over 3 million Cardano wallets created
- Cardano ranked #1 on GitHub developer activity among major blockchains
Cardano was founded in 2017 and named after the 16th-century Italian polymath Gerolamo Cardano. Built on a proof-of-stake consensus mechanism called Ouroboros, Cardano validates transactions without the high energy costs associated with proof-of-work blockchains. Smart contract support arrived with the Alonzo hard fork in September 2021, placing Cardano in the same tier as Ethereum.
Cardano's all-time high price reached $3.09, meaning the token is currently trading approximately 91% below its peak. With a circulating supply of 36.84 billion ADA out of a maximum of 45 billion, Cardano maintains a clear and transparent monetary policy.