#ADA
Cardano ($ADA) is a blockchain platform focused on security, scalability, and sustainability. It’s an open-source project built to support smart contracts and decentralized applications (dApps) in a more efficient and eco-friendly way. ADA is the native cryptocurrency of the network, used for transactions and staking to help secure the system. Unlike many other blockchains, Cardano is built on peer-reviewed research and developed using formal methods, making it unique. With upgrades like Alonzo enabling smart contracts, Cardano is slowly but steadily evolving. Many long-term investors see strong potential in ADA, especially in the growing fields of DeFi and Web3.