$ADA

Cardano's native token, ADA, is currently trading around the $0.63-$0.64 mark. This comes amidst broader market volatility and specific discussions within the Cardano ecosystem, such as Charles Hoskinson's recent proposal for a $100 million ADA swap to boost DeFi. In the past 24 hours, ADA has seen some fluctuations, with prices ranging from approximately $0.62 to $0.64. Over the last month, ADA has experienced a decline, but its year-over-year performance still shows a significant increase. The current market sentiment is influenced by both macro crypto trends and internal Cardano developments, including ongoing debates on scalability and network upgrades like Hydra.