$ADA Cardano's native cryptocurrency, ADA, is named after 19th-century mathematician Ada Lovelace. Cardano is a proof-of-stake blockchain platform founded by Charles Hoskinson, co-founder of Ethereum, aiming to provide a more secure and scalable infrastructure for decentralized applications and smart contracts. Recently, President Donald Trump announced the inclusion of ADA in the U.S. Crypto Strategic Reserve, alongside Bitcoin, Ether, XRP, and Solana, to establish U.S. dominance in the digital asset market. This announcement led to a significant surge in ADA's price, reflecting increased market confidence. As of March 6, 2025, ADA's price is approximately $0.93, with a market capitalization of around $32.87 billion.