$ADA $ADA is the native cryptocurrency of the Cardano blockchain, a decentralized proof-of-stake (PoS) platform focused on scalability, sustainability, and interoperability. Developed by IOHK and founded by Charles Hoskinson, a co-founder of Ethereum, Cardano uses peer-reviewed research and formal methods to ensure security and reliability. ADA is used for staking, governance, and transaction fees within the Cardano network. Holders can delegate their ADA to stake pools to earn rewards while supporting network security. Unlike many cryptocurrencies, Cardano emphasizes academic rigor and phased development. Its goal is to provide a balanced ecosystem for decentralized applications, smart contracts, and real-world financial solutions.