$ADA ADA (Cardano) is the native cryptocurrency of the Cardano blockchain, founded by Charles Hoskinson, a co-founder of Ethereum[^0^]. It uses the Ouroboros proof-of-stake (PoS) consensus mechanism, which is more energy-efficient compared to Bitcoin's proof-of-work (PoW)[^1^]. Cardano has a layered architecture, with the settlement layer handling transactions and the computation layer supporting smart contracts, enhancing flexibility and security[^2^]. Its maximum supply is 45 billion coins, with a circulation of about 35 billion coins[^3^]. Cardano emphasizes scientific research and peer review, with a solid technological foundation and a wide range of application scenarios[^4^]. Recently, the price of ADA has shown resilience amid market fluctuations, demonstrating its technological advantages and market recognition.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.