Cardano (ADA) Price Tops $0.45 on Top Exchanges

Cardano (ADA) traded up 2.1% against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on July 21st. During the last seven days, Cardano has traded up 3% against the U.S. dollar. Cardano has a market cap of $16.01 billion and $319.56 million worth of Cardano was traded on exchanges in the last 24 hours. One Cardano coin can currently be purchased for approximately $0.45 or 0.00000654 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded up 0.8% against the dollar and now trades at $3,544.39 or 0.05199123 BTC.
• Avalanche (AVAX) traded 12.4% higher against the dollar and now trades at $32.73 or 0.00048011 BTC.
• NEAR Protocol (NEAR) traded up 1.2% against the dollar and now trades at $6.33 or 0.00009288 BTC.
• Internet Computer (ICP) traded up 5% against the dollar and now trades at $10.76 or 0.00015781 BTC.
• Uniswap (UNI) traded 2.2% higher against the dollar and now trades at $8.17 or 0.00011990 BTC.
• Hedera (HBAR) traded 0.1% higher against the dollar and now trades at $0.0746 or 0.00000109 BTC.
• Cosmos (ATOM) traded 0.1% higher against the dollar and now trades at $6.53 or 0.00009575 BTC.
• Cronos (CRO) traded up 1.9% against the dollar and now trades at $0.0954 or 0.00000140 BTC.
• Fetch.ai (FET) traded up 1.5% against the dollar and now trades at $1.47 or 0.00002161 BTC.
• Algorand (ALGO) traded 1.4% higher against the dollar and now trades at $0.16 or 0.00000234 BTC.

Cardano Coin Profile

Cardano (ADA) is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. Its launch date was September 1st, 2017. Cardano’s total supply is 37,062,184,769 coins and its circulating supply is 35,893,564,447 coins. Cardano’s official website is www.cardano.org. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. The Reddit community for Cardano is https://reddit.com/r/cardano and the currency’s Github account can be viewed here. Cardano’s official message board is medium.com/feed/cardanorss.

According to CryptoCompare, “Cardano (ADA) is a Proof-of-Stake blockchain that supports smart contracts and enables the creation of decentralized apps (dApps), tokens, and more. It is designed to be scalable, sustainable, and flexible. The Cardano network uses Ouroboros, a Proof-of-Stake consensus mechanism, which allows ADA token holders to delegate their tokens to staking pools run by validators to validate transactions. Cardano was launched in 2017 by Charles Hoskinson and Jeremy Wood and is now maintained by three organizations and its community. ADA is the native token of the Cardano network and is used to pay for transaction fees and can be used for governance or to earn rewards through Proof-of-Stake consensus. The current era, Basho, focuses on scalability and network optimization, while the final era, Voltaire, will bring voting and treasury management to the network.”

Cardano Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Cardano directly using US dollars. Investors seeking to trade Cardano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Cardano using one of the aforementioned exchanges.

ADA/USD price chart by TradingView