$ADA The ADA coin is the native cryptocurrency of the Cardano blockchain. Here is a clear summary about ADA
🧾 What is ADA?
ADA is the native token of the Cardano network, a third-generation blockchain.
It is named in honor of Ada Lovelace, considered the first computer programmer.
🧠 What is Cardano?
It is a blockchain platform based on mathematical proofs and academic reviews.
It uses a consensus algorithm called Ouroboros, which is a type of Proof of Stake (PoS).
It focuses on scalability, sustainability, and interoperability.
💡 Features of ADA:
It can be used for:
Value transfers (like other cryptocurrencies).
Participating in staking to help validate transactions and earn rewards.
Paying network fees within the Cardano ecosystem.
It is more energy-efficient than Bitcoin or Ethereum (in its PoW version).
📊 Price and availability:
The value of ADA constantly varies according to the market.
You can buy it on exchanges like Binance, Coinbase, Kraken, Bitso, etc.
It is stored in compatible wallets such as Daedalus, Yoroi, or cold wallets like Ledger.