$ADA ADA is the native cryptocurrency of the Cardano blockchain, designed to power a secure and scalable decentralized platform. Named after Ada Lovelace, a 19th-century mathematician, the coin is used for transactions, staking, and governance within the Cardano ecosystem. ADA holders can earn passive income through staking and participate in the network’s decision-making process. Known for its energy efficiency due to the Ouroboros proof-of-stake protocol, ADA aims to offer real-world utility in finance, identity, and education. Although its price has seen ups and downs, ADA remains a promising asset backed by a strong vision and committed global community.