Price
$0.91570
24h% change
7.4%
Volume (24h)
$2.044B
Market Cap
$32.788B
Cardano operates as a proof-of-stake blockchain network that empowers decentralized applications (dApps) through a multi-asset ledger and smart contracts. Diverging from many other blockchains, Cardano doesn’t rely on technical underpinnings from Bitcoin or other predecessors. Instead, it collaborates with prominent academics, conducting rigorous research for novel solutions. These solutions undergo thorough academic peer reviews and are showcased at major global conferences. Subsequently, the team constructs prototypes to address real-world technical and functional challenges, culminating in the creation of technical specifications before formal development commences.
On September 22, 2022, Cardano executed the Vasil hard fork, designed to elevate smart contract capabilities, augment the chain's throughput, curtail expenses, and refine transaction validation processes.
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Cardano’s historic highest price is $3.09, which was recorded on 2nd of September 2021. Currently, Cardano’s price is %70.4 Lower than its historic high.
Cardano’s historic lowest price is $0.01925, which was recorded on 13th of March 2020. Currently, Cardano’s price is %4639.8 Higher than its historic low.
Let's take a look at the important factors that impact Cardano's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.