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ADA Price Live Data ( Cardano )

ADA is on the decrease this week

Cardano price today is ₩407.150 with a 24-hour trading volume of ₩2,990,639,972,138. Cardano is up +5.16% in the last 24 hours. Over the past hour the price of ADA has risen by +2.77%. The total supply of ADA is $45,000,000,000 and the current circulating supply is set at $36,787,594,678.47. The current Coingecko ranking of ADA is 12.

Market cap
$14.98T
Circulating supply
$36.79B
Volume (24h)
$2.99T
Fully Diluted Market Cap
$12.52B

As of today at 10:00 PM , converting 1 Cardano (ADA) to KRW using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 407.15 KRW. The current exchange rate is 1 ADA = ₩407.150 KRW, while 1 KRW equals ADA.

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About Cardano (ADA)

Cardano (ADA) is a decentralized open-source blockchain platform secured by a proof-of-stake (PoS) consensus mechanism. It was launched in 2017 by Charles Hoskinson, one of the co-founders of the Ethereum (ETH) blockchain network. 

The definitive quality of Cardano is its emphasis on a research-driven, scientific approach to blockchain development. The platform seeks to solve issues related to scalability, interoperability, and sustainability seen in earlier networks.

The Cardano blockchain is stratified into two layers: The Cardano Settlement Layer (CSL) and The Cardano Computation Layer (CCL). The Cardano Settlement Layer facilitates peer-to-peer transactions of ADA within the network, while The Cardano Computation Layer is used to execute smart contracts.

Cardano is secured through a specially designed proof-of-stake (PoS) consensus protocol called Ouroboros. As stated on Cardano's official website, Ouroboros is able to provide and improve the security guarantees of proof-of-work (PoW) at a fraction of the energy cost.

Cardano (ADA) currently has a market capitalization of ₩14,977,183,248,766

The current circulating supply of Cardano (ADA) is $36,787,594,678.47

Cardano is a proof-of-stake (PoS) blockchain platform, which means that its nodes compete for a chance to validate the next block of transactions by stacking the associated cryptocurrency.  Staking ADA is most commonly done by delegating the currency to a staking pool from a Web 3.0 wallet like Daedalus or Yoroi.