Cardano (CRYPTO: ADA)
Cardano Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Cardano Company Info
Cardano (ADA) is a Proof-of-Stake blockchain that supports smart contracts and enables the creation of decentralized apps (dApps), tokens, and more. It is designed to be scalable, sustainable, and flexible. The Cardano network uses Ouroboros, a Proof-of-Stake consensus mechanism, which allows ADA token holders to delegate their tokens to staking pools run by validators to validate transactions. Cardano was launched in 2017 by Charles Hoskinson and Jeremy Wood and is now maintained by three organizations and its community. ADA is the native token of the Cardano network and is used to pay for transaction fees and can be used for governance or to earn rewards through Proof-of-Stake consensus. The current era, Basho, focuses on scalability and network optimization, while the final era, Voltaire, will bring voting and treasury management to the network.
News & Analysis
Why Altcoins Were Blasting Higher on Wednesday
The American political landscape is about to shift dramatically, and digital money will likely benefit from that movement.
1 Key Reason Why Cardano, Polkadot, and Solana Are Plunging Today
These three large-cap crypto tokens are underperforming the market today in part due to one important catalyst.
Forget Dogecoin: Here Are 3 Budget-Priced Cryptos With Significantly More Upside Potential
The top cryptocurrencies under $1 include XRP, Cardano, and Artificial Superintelligence Alliance.
Is Cardano a Millionaire Maker?
This meme coin has dropped nearly 90% from its all-time high.
3 Reasons Cardano Could Bounce Back in the Second Half of 2024
Cardano may be down 34% for the year, but there's still time to turn things around.
Why Altcoins Plunged This Week
The Federal Reserve didn't help the crypto sector this week.
A Crypto Bull Market Is Coming: 2 Cryptocurrencies That Could Hit $1 in 2024
Cardano and XRP could soar past the $1 mark by the end of the year, but a lot still has to go right.
Why Altcoins Like Cardano and Arbitrum Flopped This Week
The excitement over spot crypto ETFs has cooled notably -- and noticeably.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.