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 $8.81 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 crypto protocols offering up to 10.9% APY on Cardano deposits (8% APY CeFi, 10.9% APY DeFi) and loans as low as 6.9% 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.
ACardano uses a dpos proof of stake concensus algorithm.
QWhat ecosystem is Cardano part of?
ACardano is part of the Cardano ecosystem.
QIs it possible to stake Cardano to generate passive income?
AYes, staking is available for Cardano on a number of platforms. For a full list of Cardano staking yields see our list of Cardano staking yields.
QHow much can I earn staking Cardano?
AYou can earn up to 10.9% APY by staking your Cardano tokens. Check out our Cardano staking yields table for further details.
QWhere is the best place to stake Cardano?
ARight now the best staking rates are on VVS Finance with an income rate of up to 10.9% APY.
QWhat is the difference between CeFi and DeFi staking rates for Cardano?
AThe best CeFi staking rate that we could find for Cardano is on Nexo with an income rate of up to 8% APY and the best DeFi staking rate is on VVS Finance with an income rate of up to 10.9% APY.
QIs it a good time to buy Cardano?
AYou can check the technical indicators for Cardano on the Cardano Price Trend tab. These indicators are based on the analysis of multiple trading signals for Cardano.
QWhere is the best place to buy Cardano?
AYou can find the cheapest exchange on which to buy Cardano on the Cardano Buy tab.
QCan you get a Cardano loan without collateral?
AAlmost all Cardano loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Cardano flash loans which allow you to borrow uncollateralised Cardano for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Cardano loans on the Cardano Loans tab.
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