$ADA Cardano (ADA) is a research-driven blockchain focused on security, scalability, and sustainability. It uses a Proof-of-Stake consensus mechanism (Ouroboros), making it energy-efficient compared to Proof-of-Work networks. ADA is used for transactions, staking rewards, governance, and powering smart contracts on the Cardano network. While development on Cardano is steady and long-term focused, ADA’s price often moves slower than hype-based coins and remains sensitive to overall market trends. It is generally viewed as a long-term project rather than a short-term speculative asset.

ADA
0.3576
-0.52%
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