The current price of Cardano (ADA) is $0.6252, having decreased by 2.58% over the past 24 hours. The market capitalization of ADA is approximately $22.1 billion, with a 24-hour trading volume of $415,605,161. The current circulating supply of ADA is around 35.36 billion units, and the maximum supply is 45 billion.

The price volatility of ADA is attributed to several factors, including technological developments, adoption rates, and broader cryptocurrency market trends. Cardano uses a 'proof of stake' consensus mechanism aimed at energy efficiency and reducing environmental impact.