Cardano ($ADA) is one of the prominent cryptocurrencies in the market and is considered one of the third-generation blockchain projects that aim to solve scalability, interoperability, and sustainability issues faced by networks like Bitcoin and Ethereum.
Here’s a quick and direct look at its status:
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🔹 Basic information about ADA:
• Founder: Charles Hoskinson (one of the co-founders of Ethereum).
• Launch: 2017.
• Algorithm: Proof of Stake (PoS) - Ouroboros.
• Maximum supply: 45 billion ADA.
• Circulating supply: ~35 billion ADA (approximately).
• Goal: A smart platform built on scientific research, to support DApps and smart contracts.
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📊 Current market status (June 2025):
(If you want direct technical analysis or real-time tracking, let me know)
• Approximate price: Has recently ranged between $0.35 to $0.45, but I can provide the exact price and live analysis for you.
• General trend: ADA is still influenced by the overall market movement. After its strong rise in previous cycles, it is now going through a phase of volatility and accumulation.
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🔎 What affects ADA's performance?
✅ Positive factors:
• Hydra upgrade to improve scalability.
• Development of smart contract infrastructure (Plutus).
• Government and private partnerships (such as Ethiopia).
❌ Challenges:
• Delay of some updates compared to competitors.
• Weak marketing momentum.
• DApps ecosystem is still relatively small.
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