Who holds the largest amount of Cardano (ADA)?

Cardano (ADA) is one of the most popular cryptocurrencies, with 3,535,705 ADA holders as of August 26, according to CoinCarp.

In December 2021, Finbold reported that the top 10% of Cardano whales controlled more than 31 billion of the then 33.43 billion tokens in circulation, representing 92% of Cardano's supply.

Who holds the most ADA in 2022? According to data from CoinCarp, the top 10 coin holders controlled 6.71% of the ADA supply. The top 100 holders owned 19.08%.

Data from Messari showed that ADA is an inflationary token. The inflation rate stood at 1.93% as of August 26. The research platform revealed that there were 243 addresses with a balance of over 10 million dollars in ADA and 1,285 addresses with a balance of over 1 million dollars.

Due to the anonymous nature of cryptocurrencies, information about who owns these addresses is not available.

When the network launched, around 2.5 billion tokens were allocated to IOHK and 2.1 billion to EMURGO, an international blockchain development company that collaborated in the initial creation of the platform's protocol. Additionally, 648 million coins were donated to the Cardano Foundation for promoting the platform and its widespread adoption.

Around 16% of the circulating ADA coins were donated to the project's founders, who may still be among the largest investors in Cardano today. The remaining 84% was allocated to other investors.

In April, the social and on-chain metrics platform Santiment tweeted that the largest whales of the asset held 46.6% of the total token supply and added that a large portion of the addresses were owned by major exchanges.