$ADA 🔥The ADA token of Cardano is currently valued at $0.6426, with a total trading volume of $21.8 million in the last 24 hours. Its market capitalization is $22.64 billion.
*Key details of Cardano:*
- *Current price*: $0.6426
- *24-hour change*: -5.73%
- *7-day change*: -8.52%
- *Market capitalization*: $22.64 billion
- *Circulating supply*: 35.34 billion ADA tokens
- *Max supply*: 45 billion ADA tokens
Cardano is a decentralized third-generation blockchain platform that uses a proof-of-stake (PoS) consensus mechanism and has smart contract functionality to run decentralized applications. Its native token, ADA, is used to pay transaction fees on the blockchain and can also be staked to increase the security and stability of the network.