$ADA $ADA, the native token of the Cardano blockchain, plays a crucial role in powering a decentralized, proof-of-stake ecosystem designed for scalability and sustainability. Created by Charles Hoskinson, Cardano emphasizes a scientific, peer-reviewed development process. $ADA is used for staking, governance, and transaction fees, making it central to network operations. While some critics question the pace of development and adoption, supporters point to its strong academic foundation and energy-efficient model. With increasing integration of smart contracts and growing interest from institutions, $ADA’s long-term value is closely tied to Cardano’s ability to deliver real-world use cases and maintain developer momentum.