$ADA

ADA is the native cryptocurrency of the Cardano blockchain, used for transactions, staking, and governance. It plays a key role in maintaining network security through its proof-of-stake consensus mechanism, rewarding users who participate in staking. ADA has grown into a top-ranking token by market cap, attracting long-term investors due to Cardano’s strong vision and academic foundation. While price volatility reflects broader crypto trends, ADA's utility in decentralized applications, transaction fees, and future on-chain governance proposals keeps it relevant. Critics question its slow DeFi expansion, but supporters remain optimistic about its real-world use cases and energy-efficient blockchain infrastructure.