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Overview of Cardano (ADA) this week
Market overview: Cardano (ADA) is the native currency of the Cardano blockchain network, which is a third-generation platform focused on smart contracts and decentralized applications (DApps). It features a Proof of Stake technology via the Ouroboros protocol, making it more energy-efficient compared to networks like Bitcoin. ADA is traded on major platforms like Binance and Coinbase, and is considered one of the high market cap cryptocurrencies, ranking ninth according to CoinGecko, with a current price around $0.63 (as of June 15, 2025) and a daily trading volume of approximately $383 million, with a decline of -3.9% over the past 24 hours.