Cardano price today is NGN 551.910 with a 24-hour trading volume of NGN 503,816,436,051. Cardano is
up
+0.38% in the last 24 hours. Over the past hour the price of ADA has
risen
by +1.10%. The total supply of ADA is $45,000,000,000 and the current circulating supply is set at $35,672,813,026.67. The current Coingecko ranking of ADA is 12.
As of today at
1:55 AM
, converting 1Cardano (ADA) to NGN using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 🌐 551.91NGN. The current exchange rate is 1 ADA = NGN 551.910NGN, while 1 NGN equals ADA.
Cardano (ADA) is a decentralized open-source blockchain platform secured by a proof-of-stake (PoS) consensus mechanism. Cardano was launched in 2017 by Charles Hoskinson, one of the co-founders of the Ethereum (ETH) blockchain network.
Cardano (ADA) seeks to solve issues related to scalability, interoperability, and sustainability on blockchain platforms. Cardano (ADA) is currently considered the largest blockchain network to successfully implement the proof-of-stake (PoS) consensus mechanism for transaction verification.
How does Cardano (ADA) work?
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.
How Is the Cardano (ADA) Network Secured?
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.
What is Cardano (ADA) Market Cap?
Cardano (ADA) currently has a market capitalization of NGN 19,693,471,521,901.00.
What is Cardano (ADA) Market Supply?
The current circulating supply of Cardano (ADA) is $35,672,813,026.67.
How to Stake Cardano (ADA)?
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. Stacking ADA is most commonly done by delegating the currency to a staking pool from a Web 3.0 wallet like Daedalus or Yoroi.
How to Buy Cardano (ADA)?
One of the largest cryptocurrencies in the world by market capitalization ADA (Cardano) is available for purchase on virtually any major cryptocurrency exchange. The TabTrader app aggregates 30+ major cryptocurrency exchanges and allows users to monitor 20K+ trading instruments in real-time.
