Track Cardano Price Today, Live ADA Price Chart & Market Cap
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Cardano Price Live Data
24H Range
$ 0.432247
24H Range
$ 0.464441
52W Range
$ 0.234392
52W Range
$ 0.806108
ATH & ATL Range
$ 0.017354
ATH & ATL
$ 3.10
| Cardano Price | $ 0.445371 |
|---|---|
| Market Cap | $ 15.86B |
| Diluted Market Cap | $ 20.04B |
| 24H Volume | $ 963.01M |
| Vol. / M. Cap Ratio | 0.0607 |
| Dominance | 0.70% |
| ATH | $ 3.10 (-86%) |
| ATH Date | Sep 2, 2021 |
| ATL | $ 0.017354 |
| ATL Date | Oct 1, 2017 |
| Cycle Low | $ 0.234392 |
| Cycle High | $ 0.806108 |
| Circ. Supply | 35.62B (79%) |
| Total Supply | 36.80B |
| Max Supply | 45.00B |
| Supply Inflation | 5.32% (High) |
| Volatility | 9.82% (High) |
| Platform | Cardano |
| Release Date | Sep 1, 2017 |
| Fear & Greed Index | 57 (Greed) |
| Sentiment | Bearish |
| Show more ↓ |
Cardano price today is $ 0.445371 with a 24-hour trading volume of $ 963.01M, market cap of $ 15.86B, and market dominance of 0.70%. The ADA price decreased -2.36% in the last 24 hours.
Cardano reached its highest price on Sep 2, 2021 when it was trading at its all-time high of $ 3.10, while Cardano's lowest price was recorded on Oct 1, 2017 when it was trading at its all-time low of $ 0.017354. The lowest price since it's ATH was $ 0.234392 (cycle low). The highest ADA price since the last cycle low was $ 0.806108 (cycle high). The Cardano price prediction sentiment is currently bearish, while Fear & Greed Index is showing 57 (Greed).
Cardano's current circulating supply is 35.62B ADA out of max supply of 45.00B ADA. The current yearly supply inflation rate is 5.32% meaning 1.80B ADA were created in the last year. In terms of market cap, Cardano is currently ranked #4 in the Proof-of-Stake Coins sector and ranked #8 in the Layer 1 sector.
Highlights
- Price has increased by 0% in the last 1 year
- Is
and may soon rise - Has
liquidity based on its market cap - Trading on KuCoin
Risk Analysis
- Outperformed by 65% of the
in 1 year - Outperformed by
and - Trading below the
- Only
in the last 30 days (47%) - Down -86% from all-time high
- Yearly inflation rate is
Cardano Token Sale
| Initial Price | $ 0.0024 |
|---|---|
| Start Date | Sep 1, 2015 |
| End Date | Jan 31, 2017 |
| ROI [USD] | 185.57x |
| ROI [BTC] | 2.84x |
| ROI [ETH] | 0.66x |
| Type | ICO |
| Platform | Cardano |
| More Info | Cardano ICO |
The price of Cardano in the ICO was $ 0.0024 and the token sale ended on Jan 31, 2017. Since then, ADA price increased 185.57x against US Dollar, decreased 0.66x against Ethereum and increased 2.84x against Bitcoin. To learn more about Cardano ICO click here.
Cardano Performance
| Change | 1H | 24H | 7D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ADA/USD | |||||||||||
| ADA/BTC | |||||||||||
| ADA/ETH | |||||||||||
| ADA/USDT |
Cardano price in US Dollar has decreased by -32.74% in the last 1 month. ADA is down -20.73% against Ethereum and down -25.90% against Bitcoin in the last 1 month.
Cardano Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2017 | |||||
| 2018 | |||||
| 2019 | |||||
| 2020 | |||||
| 2021 | |||||
| 2022 | |||||
| 2023 | |||||
| 2024 | |||||
| Average |
The top-performing year for Cardano was 2017 when the price of ADA increased by 2,779.80% from $ 0.024970 to $ 0.719072. The worst performing year for Cardano was 2018 when the price dropped by -94.29% from $ 0.719072 to $ 0.041067. The average yearly growth of Cardano over the last 8 years is 542.83% per year. Usually, Cardano performs best in Q4 with an average of 406.42% gain and worst in Q3 with -5.62% loss.
Cardano Price Closing History by Level
| Price | Days Above | % of Cardano's Life |
|---|---|---|
| $ 3.10 ATH | - | - |
| $ 3.00 | 0 | 0.00% |
| $ 2.00 | 90 | 3.77% |
| $ 1.900000 | 102 | 4.27% |
| $ 1.800000 | 109 | 4.56% |
| $ 1.700000 | 121 | 5.06% |
| $ 0.445371 Price Now | 764 | 31.97% |
| $ 0.400000 | 833 | 34.85% |
| $ 0.350000 | 1012 | 42.34% |
| $ 0.300000 | 1138 | 47.62% |
| $ 0.250000 | 1283 | 53.68% |
| $ 0.200000 | 1349 | 56.44% |
The table above shows the number of days which Cardano closed above a certain price level.
Cardano Price & ROI on this Date
| Date | Price | ROI |
|---|---|---|
| Apr 18, 2024 Today | $ 0.445371 | - |
| Apr 18, 2023 | $ 0.434515 | 2.50% |
| Apr 18, 2022 | $ 0.915442 | -51.35% |
| Apr 18, 2021 | $ 1.380000 | -67.73% |
| Apr 18, 2020 | $ 0.034367 | 1,195.93% |
| Apr 18, 2019 | $ 0.083719 | 431.98% |
| Apr 18, 2018 | $ 0.243284 | 83.07% |
The table above shows the price and ROI of Cardano today and previous years on the same date (Apr 18).
ADA Exchanges
Cardano is being traded on 92 cryptocurrency exchanges, including Binance and KuCoin. $ 963.01M worth of Cardano changed hands in the last 24 hours. If you wish to purchase ADA, check our guide on how to buy Cardano in 6 steps.
| Exchange | Price | Volume | Action | ||
|---|---|---|---|---|---|
| Binance | $ 0.445348$ 97.38M | $ 0.445348 | $ 97.38M | Trade Now | |
| KuCoin | $ 0.445000$ 4.34M | $ 0.445000 | $ 4.34M | Trade Now | |
| Kraken | $ 0.445359$ 6.82M | $ 0.445359 | $ 6.82M | Trade Now | |
| Bybit | $ 0.445362$ 19.35M | $ 0.445362 | $ 19.35M | Trade Now | |
| OKX | $ 0.444931$ 10.61M | $ 0.444931 | $ 10.61M | Trade Now | |
| gate.io | $ 0.445522$ 5.75M | $ 0.445522 | $ 5.75M | Trade Now | |
| Binance Futures | $ 0.444520$ 368.45M | $ 0.444520 | $ 368.45M | Trade Now | |
| MEXC | $ 0.444925$ 8.07M | $ 0.444925 | $ 8.07M | Trade Now | |
| Coinbase | $ 0.445600$ 16.19M | $ 0.445600 | $ 16.19M | Trade Now | |
| UPbit | $ 0.482069$ 15.33M | $ 0.482069 | $ 15.33M | Trade Now | |
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About Cardano
Cardano is a blockchain project building a framework for smart contracts and decentralized applications (dApps) with a focus on advanced functionality and scalability. The native asset of the Cardano blockchain is called ADA, which can be used for on-chain value transfers like the vast majority of other digital assets. The maximum supply of ADA is artificially capped at 45 billion coins.
Cardano’s public chain is open-source and decentralized. The network uses the Proof-of-Stake (PoS) algorithm to achieve a consensus about the state of the ledger. The project was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum.
Here’s a quick overview of key facts about Cardano and its core blockchain features:
- Cardano was launched in 2017, two years after initial development began in 2015 by Ethereum co-founder Charles Hoskinson
- In order to fund development, the Cardano project raised $62.2 million in an initial coin offering (ICO) that was completed in January of 2017.
- Cardano is a blockchain platform designed to run for smart contracts and decentralized applications
- The Cardano network is based on a unique Ouroboros Proof-of-Stake consensus mechanism
- IOHK, Cardano Foundation, and Emurgo are the main organizations in the Cardano ecosystem
- The Cardano network consists of the Cardano Settlement Layer (CSL) and the Cardano Computational Layer (CCL)
- Cardano is one of the leading blockchain projects in the industry, boasting a multi-billion dollar market cap and hundreds of apps running on its chain
What is Cardano and how does it work?
Cardano is based on the principles of scalability, interoperability, and regulatory compliance. It was launched as an alternative to Bitcoin’s relatively poor network performance and Ethereum’s lack of scalability.
The Cardano network consists of two core layers. The Cardano Settlement Layer (CSL) keeps track of transactions and features Cardano’s native token ADA as the primary unit of currency. The Cardano Computational Layer (CCL) featuring the Plutus platform is responsible for running smart contracts and dApps and functions similar to Ethereum.
Cardano is known in the cryptocurrency community as an ambitious project with a rigorous approach to development – for example, the protocol’s Ouroboros Proof-of-Stake consensus protocol has been subject to academic peer review. Thanks to its blockchain architecture, Cardano uses less than 0.01% of the energy consumed by Bitcoin, as reported by the University of Cambridge.
For its smart contracts, Cardano uses a programming language called Haskell which provides significant security advantages over other programming languages used for smart contracts. Developers can leverage the capabilities of the Plutus platform and Haskell to build self-executing smart contracts and forge new tokens.
The Cardano ecosystem is home to hundreds of blockchain projects, spanning decentralized exchanges (DEXs), wallets, DeFi protocols, NFT marketplaces, token launchpads, games, and several other categories.
Creation of Cardano
Cardano was initially envisioned by Charles Hoskinson, one of the initial founders of the Ethereum project. However, Hoskinson left Ethereum as he did not share the team’s vision for the future direction of the project. After leaving Ethereum, Hoskinson founded IOHK, a blockchain infrastructure company and the primary developer of Cardano.
While the initial development on Cardano started in 2015, it wasn’t until 2017 that the network launched after raising more than $62 million in the ICO campaign. In total, the project held five separate fundraising events between 2015 and 2017 and sold nearly 30 billion ADA in the process.
The Cardano project has three main arms which serve different functions within the ecosystem – the aforementioned IOHK, Cardano Foundation, and Emurgo. IOHK takes care of the technical development of the Cardano protocol, the Cardano Foundation promotes the adoption of Cardano, while Emurgo is primarily focused on commercial applications of Cardano’s technology.
Cardano’s road map is divided into five major phases, with each focusing on a specific aspect of the Cardano protocol. Here are the phases listed from first to last:
- Byron (Foundation)
- Shelley (Decentralization)
- Goguen (Smart contracts)
- Basho (Scaling)
- Voltaire (Governance)
After the successful completion of the goals set out in the five road map phases, Cardano will be a completely decentralized blockchain ecosystem, no longer under IOHK’s management, and will feature advanced scaling and governance features on top of interoperable smart contracts.
Cardano Price History
Soon after first entering circulation following the ICO campaign, the price of Cardano has solidified the ADA token in the upper echelons of blockchain projects. ADA’s early market success could be in large part attributed to the ICO craze of late 2017 and early 2018, which saw numerous tokens reaching multi-billion dollar valuations.
During the ICO phase, roughly 25.9 billion ADA tokens were made available to investors participating with Bitcoin at the initial ADA token price of $0.0024. The Cardano team successfully hit its fundraising goal of $62,240,000. Shortly after it started trading, Cardano’s price shoot up to $0.03 and went on to hit $1.20, valuing the project at almost $32 billion. Since then, the Cardano project retained its high ranking on the list of largest market cap digital currencies.
Here are several key milestones in Cardano’s price history:
- $0.0024 - Initial investors were able to obtain ADA with BTC during the ICO campaign at a sale price of $0.0024
- $0.0250 - The Cardano token price surpassed $0.0250 on the first trading day in early October 2017
- $0.1000 - The price of ADA surpassed $0.1000 in November 2017, showing more than 40x returns compared to its ICO price
- $0.5000 - Cardano price reached the $0.5000 price level in December 2017, two months after it started trading
- $1 - The first time that ADA reached $1 came in January 2018
- $2 - After a prolonged bear market between 2018 and 2020, the price of Cardano surpassed $2 in May 2021
- $3 - The price of ADA coin hit the $3 milestone in September 2021
For a glimpse into a potential future ADA price movement in addition to the Cardano live price, you can follow our algorithmically generated Cardano price predictions that take into account ADA’s current price and a number of market indicators, including Fear & Greed Index, market sentiment, overall volatility, and more. You can also check the up-to-date market rate of 1 ADA to USD via our handy crypto-to-fiat and crypto-to-crypto conversion feature.
Cardano Market Cap
The market capitalization of ADA shot well into the multi-billion dollar territory shortly after the token entered circulation in late 2017. Since then, Cardano has never relinquished its position among the largest market cap coins.
Here’s what the ADA market cap data tells us about the most notable Cardano market cap milestones:
- $500 million - The market cap of ADA surpassed a $500 in October 2017, shortly after its launch
- $5 billion - The ADA token market cap surpassed $5 billion in December 2017
- $10 billion - Cardano hit decacorn status in the final days of 2017
- $20 billion - The first time that the market cap of Cardano surpassed $20 billion was in January 2018
- $50 billion - The combined value of all ADA tokens in circulation reached $50 billion in June 2021
- 90 billion - ADA’s market cap surpassed $90 billion in August 2021
Cardano Supply
The supply of ADA tokens is capped at 45 billion, which is in principle similar to Bitcoin and its artificially capped supply of 21 million. The Cardano team has made 57.6% of the maximum token supply available in the initial coin offering, meaning that initial investors were able to obtain approximately 25.9 billion ADA in the token sale.
The remaining 19.1 billion tokens, which represent 42.4% of the total ADA token supply, were reserved for staking rewards issued to network validators who are responsible for securing the network and generating new blockchain blocks. Since ADA has a fixed token supply, the cryptocurrency is subject to deflationary mechanics.
The most important Cardano milestones
Being one of the largest and most ambitious projects in the sector, Cardano has reached several notable milestones and forged a number of high-profile partnerships since the network launched in 2017. Here is a list of important dates and events in Cardano’s eventful past:
- April 2015 - Charles Hoskinson and Jeremy Wood found IOHK, which grew to become one the largest blockchain engineering companies and the creator of Cardano
- September 2017 - The Cardano network launches on the heels of a successfully ICO campaign that raised more than $62 million worth of BTC
- December 2017 - Cardano’s market cap surpassed $10 billion just five months after the initial mainnet launch
- June 2018 - Cardano developer IOHK partners with the Ethiopian government to explore education and infrastructure-related blockchain use cases
- October 2019 - Footwear manufacturing giant New Balance announces Cardano-based program to track the authenticity of its basketball shoes
- September 2021 - Plutus-powered smart contracts go live as a part of the Alonzo hard fork
FAQ
What is Cardano?
Cardano is a decentralized blockchain platform focused on sustainability, scalability, and transparency that plans to overcome the issues of older blockchain projects. Cardano utilizes a Proof-of-Stake consensus model, which brings considerable performance benefits compared to Proof-of-Work. Cardano supporters often refer to Cardano as a third-generation blockchain platform, with Bitcoin being the first and Ethereum the second generation.
After leaving the Ethereum project, mathematician Charles Hoskinson co-founded IOHK with plans of developing a new cryptocurrency. The platform itself was named after 16th century Italian polymath Gerolamo Cardano, while the platform’s native currency ADA is named after 19th century English computer science pioneer Ada Lovelace.
The Cardano project began development in 2015 and ADA was first released in October of 2017 with a market cap of $600 million. By the end of the year, however, the market capitalization increased all the way to $10 billion. Cardano tries to distinguish itself from many other blockchain projects by implementing the principles of academic peer review into its development process.
How does Cardano work?
Unlike Bitcoin, which requires a large infrastructure to maintain the network, Cardano operates on a much smaller scale. Resource-intensive computations are not needed, as the network utilizes a Proof-of-Stake protocol to manage consensus.
The Cardano project is currently implementing smart contract functionality, which will allow developers to create decentralized applications on top of Cardano and also create custom tokens on the network. When this is implemented, Cardano will have the same kind of general functionality as other smart contract-enabled blockchains like Ethereum and Eos.
What is ADA staking?
Instead of mining the currency, users have the option to “stake” their coins. This makes the coins temporarily unavailable, but allows the user to receive additional coins, depending on the staked amount.
Additionally, as the user has become a part of the network, they have the option to take part in voting on development proposals and future implementations. This opens the development to new and unbiased ideas, which has proven to be extremely vital for Cardano.
How is Cardano used?
The network was planned to serve as the basis for decentralized applications, with openness and transparency as prominent features. As the developers have stated, “Cardano is designed to be the platform of choice for the large-scale, mission-critical DApps that will underpin the economy of the future.”
Currently, use cases for Cardano are being considered in education, agriculture, health care and many more industries, with plans for further expanison.
Cardano also has a rigorous academic review system, which is backed up by engineers and academic experts in many fields, including blockchain and cryptography.
Why are ADA coins valuable?
ADA derives its value from supply and demand, just like all other cryptocurrencies. However, one of the features of ADA that makes the coin attractive to some investors is the fact that it can be staked, earning holders some passive income.
Cardano is one of the most widely followed blockchain projects, and this is reflected in ADA’s high ranking among all cryptocurrencies by market capitalization.
How do I get ADA?
ADA coins can be acquired on a wide variety of cryptocurrency exchanges. Most high-quality exchanges offer an ADA/BTC trading pair, while some even list ADA directly against fiat currencies.
Alternatively, staking ADA coins can result in additional profit. Instead of mining, users freeze a certain amount of ADA coins and receive a percentage as profit, quite similar to saving money in a bank.
Is Cardano a good investment?
The cryptocurrency market is generally considered very volatile, making cryptocurrencies a high-risk investment. Large investments are not recommended without proper education and advanced market analysis, as they can easily lead to substantial losses.
Still, Cardano is one of the leading projects in the cryptocurrency and blockchain space, and ADA could certainly have a place in a cryptocurrency investor’s portfolio, depending on the specific strategy.
How much does it cost to buy 1 ADA?
As of Apr 18, 2024, the price of 1 ADA is $ 0.447535. The smallest part of ADA is called “lovelace” and represent one millionth of an ADA. This means that a wallet can contain as little as 0.000001 ADA.
Is it a good time to buy ADA?
You can find relevant technical indicators and predictions on our ADA price prediction page.
How much should I invest in Cardano?
For new investors, starting with smaller stakes is recommended. This is because the crypto market is a new environment with its own rules and trends. Learning how to work properly under these conditions can take some time, and some losses are bound to happen.
This can have a cascading effect, as traders often try to make quick trades to cover for a loss, resulting in even further losses, so caution is advised. Never invest more than you are willing to lose.
How do you cash out from ADA?
Many leading cryptocurrency exchanges list ADA, making cashing out from Cardano a pretty simple process. If the exchange doesn’t directly list ADA against a fiat currency, you can consider converting your ADA to BTC and then selling the BTC for USD, EUR, or your corresponding local currency.
Is Cardano secure?
Cardano has been designed with security as one of its founding principles, with the Ouroboros Proof of Stake protocol being used to secure the network. The developers call it “environmentally sustainable, verifiably secure” as it seeks to improve upon Bitcoin’s Proof-of-Work protocol security. It also requires a fragment of Bitcoin’s power to maintain.
Are Cardano coins legal?
Depending on the country, cryptocurrency use can range from severely limited to completely open. You can check the legality of crypto by country or territory here.
How are new ADA coins created?
New ADA coins are unlocked to provide rewards for stakers. This will continue happening until ADA’s maximum supply of 45 billion coins is unlocked.
However, a substantial portion of ADA’s supply was already unlocked at launch. The initial sale of ADA coins happened between 2015 and 2017 in five public sales. Around 5.2 billion ADA coins were kept by the developers, while the rest were distributed among the buyers in the Cardano ICO.
Is staking ADA a good investment?
Common staking profit is around 5% on a yearly basis, which is nothing extraordinary. This profit can additionally be altered, depending on various factors, like the stake pool performance, future network changes, staked amount, rise in Cardano popularity and many more.
One major difference from mining is that using hardware and spending additional power is not necessary for being a part of the stake pool. The pool manager is required to have some hardware, but these requirements are still negligible when compared to mining.
How many ADA coins are left?
Currently, ADA has a circulating supply of35.62B ADA coins, while the maximum supply of ADA is 45 billion.
What makes Cardano unique?
The philosophy behind the Cardano project is extremely interesting. The developers keep a very open mindset, allowing new ideas to be questioned and challenged. Before any update is released it has to go through a long process of academic research. This can predict future issues and help better prepare for them, which further helps create a safe and dependable product.
Apart from that, Cardano is one of the most popular Proof-of-Stake cryptocurrencies available. Ethereum has started a process of slowly shifting to this protocol, however, this will be done over a longer period of time.
Is my information private when using Cardano?
Cardano’s blockchain is not secured or encrypted, which means that all transaction information is publicly available. Having this information is useless to most people, however, with a right toolset and knowledge, getting more information by analyzing wallets and transactions is certainly possible.
The state of the Cardano ledger can be viewed at the official Cardano block explorer.
Are Cardano transaction fees high?
At this moment, all fees follow a formula of fee = a + b x size, where a and b are constants. They are subject to change, and their current amounts are a=0.155381 ADA, and b=0.000043946 ADA/byte. A typical transaction has around 200 bytes, which brings the fee to around 0.164 ADA.
Although this is the minimal fee, users are able to set a larger fee if desired, which should increase their transaction speed.
Cardano News
Top 5 Cardano Tokens for 50x Gains This Bull Season
15 days ago | coinpedia.org
Cardano Founder Charles Hoskinson Unveils Predictions For 2030
a month ago | bitcoinist.com
Cardano On The Brink: Crypto Analyst Predicts 1,800% Price Explosion To $12
a month ago | bitcoinist.com
DeFi Technologies’ Subsidiary Valour Inc. Reaches a Record of $C838 Million in AUM
a month ago | cryptocurrencynews.com
Cardano Founder Throws Shade At Solana In Response To SOL Vs. ADA Price Comparison
a month ago | bitcoinist.com
DOGE Vs. ADA: Cardano Founder Reveals When Altcoin Season Will Officially Begin
a month ago | bitcoinist.com
Is Cardano Price About to Crash? How Low Can ADA Price Plunge?
2 months ago | coinpedia.org
Pushd (PUSHD) capabilities make 20x look likely for XRP & ADA investors who get in early
2 months ago | coinpedia.org
Cardano’s Meteoric Rise: TVL Surges 166%, Could ADA Price Reach $8 by 2025?
2 months ago | coinpedia.org
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