Price: $1.09 (11-1-2025)
Market Cap: $38.14 Billion
Cardano is a prominent cryptocurrency in the investment world, due to its focus on continuous developments in the field of blockchain technology, such as the “Fasil” upgrade that enhances the scalability of the Cardano blockchain. It also features lower energy consumption compared to larger networks such as Bitcoin, which results in faster and cheaper transactions.
In addition, Cardano recently launched a beta version of the AdaSwap platform for developing decentralized financial applications, which may strengthen its position in the Web3 world and push its currency price higher despite its ranking of eleventh in the world in terms of market cap, and its NFT (non-fungible tokens) protocol is the second largest in the world.
Despite network improvements and smart contract functionality, Cardano may not be able to keep up with major cryptocurrencies, so its low number of users leads to a shortage of developers and reduces its investment attractiveness.