$ADA
Uses of ADA:
1. Transaction fees within the Cardano network.
2. Staking: ADA holders can lock their coins to help secure the network and earn rewards.
3. Governance: In the future, ADA holders will be able to vote on network decisions (updates, project funding...).
4. Running decentralized applications (DApps) and smart contracts on the Cardano network.
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📊 Is ADA an investment currency?
Yes, ADA is traded on major cryptocurrency platforms (such as Binance, Coinbase...).
Many consider it a long-term investment due to the scientific philosophy behind the project.
However, like other cryptocurrencies, the price is very volatile and depends on market factors, technology, and the supporting community.
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📅 When was ADA launched?
Cardano was launched in 2017.
The Cardano project was developed by IOHK, led by Charles Hoskinson (one of the co-founders of Ethereum previously).