$ADA The current price of Cardano (ADA) is around $0.63 to $0.64 USD, with a 24-hour trading volume of $13.45 million. Here's a breakdown of the key metrics ¹ ² ³:

- *Market Cap*: $22.48 billion to $22.99 billion USD

- *Circulating Supply*: 35.36 billion to 36.1 billion ADA

- *24-hour Range*: $0.6252 to $0.6447 USD

- *Percent Change (24h)*: +0.29% to +0.94%

Recently, Cardano founder Charles Hoskinson proposed converting $100 million worth of ADA tokens into Bitcoin and stablecoins to strengthen the Decentralized Finance (DeFi) and stablecoin ecosystems. This proposal has sparked debate within the community, with some supporting it as a growth opportunity and others fearing potential sell pressure ³ ⁴.

*What is ADA?*

ADA is the native cryptocurrency of the Cardano blockchain, designed for secure, scalable, and sustainable transactions. Cardano is a decentralized public blockchain platform that enables the creation and operation of smart contracts and decentralized applications (DApps) ⁵ ⁶.