$ADA $ADA
, the digital currency of the Cardano network, is considered one of the most prominent assets in the crypto market, thanks to its focus on security, sustainability, and scientific research. Cardano is based on a Proof of Stake (PoS) mechanism that reduces energy consumption compared to Bitcoin, making ADA an eco-friendly option. ADA has experienced significant price fluctuations, reaching its peak during the 2021 bull run, and then retreating with market corrections. ADA is used to execute smart contracts and decentralized applications, and to pay transaction fees within the network. It also rewards its holders through a staking system, making it attractive for investors seeking passive income. As the development of Cardano continues and its usage expands, investors are anticipating ADA's performance in the upcoming waves.