$ADA
ADA is the native token of the Cardano blockchain, known for its scientifically rigorous technical architecture and environmentally friendly features. It adopts a dual-layer design (settlement layer and computation layer) and the Ouroboros proof-of-stake (PoS) consensus mechanism, with energy consumption only 0.01% of that of Bitcoin, supporting high throughput and smart contracts. The total supply of ADA is 45 billion, primarily used for transaction payments, staking rewards, and network governance voting. In 2025, its price fluctuated significantly, influenced by technical upgrades (such as cross-chain interoperability), institutional collaborations (such as JPMorgan being added to the watchlist), and regulatory policies. Despite facing competition and regulatory risks, its academic background and the expansion of the DeFi ecosystem (supporting over 2000 DApps) are still seen as long-term value support.