$ADA
Cardano's current price is $0.63, with a market capitalization of $24.63 billion. Here are some key statistics ¹ ²:
- *Current Price*: $0.6378 - $0.6380
- *Market Capitalization*: $23.033 billion - $24.63 billion
- *24-hour Trading Volume*: $629.29 million - $629.73 million
- *Circulating Supply*: 36.1 billion ADA tokens
- *Maximum Supply*: 45 billion ADA tokens
Some analysts are discussing potential investment opportunities:
- *Proposal for DeFi Growth*: Charles Hoskinson proposed using 140 million ADA (~$100 million) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins
- *Sovereign Wealth Fund*: A proposal for a $1 billion Cardano sovereign wealth fund has also been discussed
Cardano's price has been relatively stable, with a 0.27% increase in the last 24 hours. However, it's underperforming compared to similar Smart Contract Platform cryptocurrencies ¹ ².