Last updated: July 19, 2026

Cardano (ADA) Price, Chart & Info

Quick Answer

Cardano (ADA) is a layer1 cryptocurrency launched in 2017. Research-driven Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson. Uses proof-of-stake (Ouroboros) and focuses on peer-reviewed academic rigor. Use case: Smart contracts, identity, supply chain.

$0.17ADA/USD 0.24% (24h)

Market Cap

$6.20B

24h Volume

$191.37M

Category

layer1

About Cardano

Research-driven Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson. Uses proof-of-stake (Ouroboros) and focuses on peer-reviewed academic rigor.

Symbol

ADA

Launched

2017

Use Case

Smart contracts, identity, supply chain

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FAQ

What is Cardano?

Research-driven Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson. Uses proof-of-stake (Ouroboros) and focuses on peer-reviewed academic rigor.

What is ADA used for?

Smart contracts, identity, supply chain

When was Cardano launched?

Cardano was launched in 2017. It is classified as a layer1 cryptocurrency.