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ADA Price Live Data ( Cardano )
ADA is on the decrease this week
Cardano price today is SGD 0.31292000 with a 24-hour trading volume of SGD 615,878,494. Cardano is up +3.17% in the last 24 hours. Over the past hour the price of ADA has decreased by -0.85%. The total supply of ADA is $45,000,000,000 and the current circulating supply is set at $36,940,364,839.85. The current Coingecko ranking of ADA is 15.
As of today at 1:48 AM , converting 1 Cardano (ADA) to SGD using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 0.31292 SGD. The current exchange rate is 1 ADA = SGD 0.31292000 SGD, while 1 SGD equals ADA.
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Latest ADA to SGD price calculator
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Our app offers seamless trading on 22 exchanges with over 20,000 assets available.
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 SGD 11,571,450,229.00
The current circulating supply of Cardano (ADA) is $36,940,364,839.85
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.