$ADA
Cardano is a high-profile platform in the cryptocurrency space, distinguished by its high degree of versatility, sustainability, and scalability designed for smart contracts. The platform not only empowers the operation of decentralized financial applications, but also promotes the diversification of cryptocurrency tokens and innovation in game development. Its core currency ADA, as Cardano's native cryptocurrency, gives users multiple functions, including value storage, payment methods, and the right to participate in network pledges. Its role in the cryptocurrency ecosystem can be compared to Ethereum's ETH.
The Cardano platform is particularly proud of its environmental concept. By adopting the Ouroboros proof-of-stake system, it achieves efficient use of energy and significantly reduces the environmental impact of blockchain technology. Its unique two-layer blockchain architecture—including a Cardano settlement layer focused on transactions and a Cardano computing layer focused on smart contract execution—work together to ensure impressive transaction processing speeds. Since March 2021, Cardano’s native token has become a secure and low-cost medium for smart contract interaction, setting a new benchmark for industry efficiency and laying a solid foundation for the widespread application of smart contracts.