$ADA

As of March 5, 2025, the price of Cardano (ADA) is around $0.99, with a daily increase of 0.23%. In the last 24 hours, ADA reached a high price of $1.012 and a low of $0.784.

On January 13, 2025, ADA experienced a price drop of 6.72%, reaching Rp15,329. This decline occurred amid criticism of Cardano's founder, Charles Hoskinson, regarding ADA ownership by his company, Input Output Global (IOG). Hoskinson emphasized that the ADA held by IOG was earned through hard work and not a gift. citeturn0search4

Despite experiencing volatility, Cardano continues to innovate and develop its ecosystem. In November 2024, ADA recorded a significant price surge of 58% in a week, reaching its highest level since May 2022. This increase was driven by rumors of the integration of Cardano's blockchain technology in the voting and identity verification system by the U.S. Government Efficiency Department, as well as the accumulation of ADA by large investors.

Overall, although ADA shows price volatility, positive developments in the Cardano ecosystem and the adoption of its technology can provide promising prospects for investors.