A $ADA coin pair represents a trading pair involving Cardano’s native cryptocurrency, ADA, matched with another currency or crypto asset on an exchange—for example, ADA/USD, ADA/BTC, or ADA/ETH. These pairs are essential for buying, selling, or exchanging ADA in various markets. The first asset in the pair (ADA) is what you are trading, while the second is what you're trading it against. The exchange rate between them shows how much of the second asset is required to get one unit of ADA. Traders use these pairs to speculate on price movements, manage portfolios, or convert assets depending on market trends, liquidity, and trading strategies across different exchanges and regions.