$ADA ADA – is the native cryptocurrency of Cardano, which can be used in the Cardano blockchain network to pay transaction fees and earn rewards for helping to secure it through the staking mechanism.

ADA may be worth acquiring for the following reasons.

Participation in protocol governance. ADA enhances the community's ability to actively participate in the decision-making process regarding network protocols, providing a more democratic and inclusive approach to project management.

Add to staking ADA. Staking allows ADA holders to earn potential rewards by actively participating in transaction validation.

Payment of transaction fees. These fees compensate validators for their work in processing and verifying transactions.

Transfer of funds. ADA can be sent to other users as a means of exchange or for transferring funds within the Cardano network.