#ADA is the native cryptocurrency of the Cardano blockchain platform, created by Charles Hoskinson in 2017. Designed to provide a secure and scalable infrastructure, Cardano is based on an academic research and peer review approach. ADA enables fast and secure transactions, as well as facilitating smart contracts and decentralized applications. The platform aims to address issues of scalability, sustainability, and interoperability in blockchain. ADA is used to pay fees, participate in governance, and staking, which incentivizes the security and operation of the network. It is one of the most prominent cryptocurrencies in the market for its innovation and technical approach.