$ADA Current price of ADA:
At the time of the last data update, 1 Cardano (ADA) is approximately equal to 26.53 Ukrainian Hryvnias. In dollar terms, the price of ADA fluctuates around $0.63 - $0.66 USD.
Latest news and important events:
* Charles Hoskinson's proposal to convert ADA into stablecoins: Cardano's founder, Charles Hoskinson, proposed using $100 million in ADA from the treasury to convert into bitcoins and stablecoins (including USDM and USDA). This aims to increase the share of stablecoins in the Cardano ecosystem and the decentralized finance (DeFi) sector.
* ADA airdrop and price surge: Charles Hoskinson announced an ADA airdrop before the launch of the Midnight Protocol. Following this, the ADA token jumped by 5.2% to $0.70, and trading volumes for the day increased by 40%.
* Support for key levels: Cardano (ADA) holds an important support level at $0.6728, signaling potential bullish growth to $1.5. Technical analysis indicates a weakening of selling pressure and the formation of bullish candlestick patterns.