$ADA Cardano's current price is $0.63, with a market cap of $22.48 billion. Here's a breakdown of its recent performance ¹ ²:
- *Current Price*: $0.63
- *Market Cap*: $22.48 billion
- *24-hour Trading Volume*: $583.97 million
- *Circulating Supply*: 35.35 billion ADA
- *Max Supply*: 45 billion ADA
- *Price Change*: 0.16% increase in the last 24 hours
Some key statistics and insights about Cardano include ³:
- *Whale Activity*: Whales have acquired 310 million ADA tokens in June, indicating increased confidence
- *Open Interest*: A decline of over 7% in Cardano's Open Interest, reaching $852 million in the last 24 hours, suggests fading optimism in the derivatives market
- *Technical Analysis*: Cardano faces rejection from a key resistance trendline, nearing the apex of a triangle pattern, with immediate support at the $0.60 mark
Cardano is a proof-of-stake blockchain platform focused on providing a more secure, transparent, and fair society through its decentralized applications and smart contracts. Its native cryptocurrency, ADA, allows owners to participate in network operations and vote on proposed changes ².
