#BinanceSquare $ADA $ADA refers to Cardano, a proof-of-stake blockchain platform focused on creating a more secure, transparent, and fair society. Here's what you need to know:
*Current Price*: $0.74
*Market Cap*: $29.01 billion
*24-Hour Change*: -1.96%
*Exchange*: Binance
Cardano's native token, ADA, allows owners to participate in network operations and vote on proposed software changes. The platform is used for various applications, including¹ ²:
- *Agricultural Tracking*: Monitoring fresh produce from field to fork
- *Educational Credentials*: Storing credentials in a tamper-proof way
- *Counterfeit Prevention*: Helping retailers clamp down on counterfeit goods
*Key Features:*
- *Proof-of-Stake*: Energy-efficient consensus algorithm
- *Smart Contracts*: Enables decentralized apps and modularity
- *Research-Driven*: Focuses on peer-reviewed research and development
Would you like to know more about Cardano's technology, applications, or price history?
