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ADA is the native coin for the Cardano blockchain ecosystem and it is one of the oldest and biggest cryptocurrencies in the market. Cardano was founded by Charles Hoskinson, a co-founder of Ethereum. Cardano is a proven blockchain network with a long and well-established history. The only downside of Cardano is its real-life use case. Cardano foundation has announced that they are working on the integration of smart contracts on Cardano's blockchain.
With a total market cap of over $13.2 billion, Cardano is the No. 7 cryptocurrency by market size. The currency symbol for Cardano is ADA. There will only ever be 45 billion Cardano tokens issued. So far 35 billion tokens (77.9% of the total supply) have been issued.
We found savings accounts offering up to 9.2% APY on Cardano deposits and loans as low as 4.5% APR against Cardano used as collateral. Check out our Cardano staking yields table and Cardano loan rates table for further details.
The technical price analysis for Cardano below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Cardano.
Based on a total of 259 reviews across the web for Cardano we gave the cryptocurrency an overall rating of 86%.
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