$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).