Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
Cardano (ADA) Indicators
Evaluate the strength and potential of using our table of key technical indicators, including MACD, RSI, SMA, Oscillator, and ADX. These indicators provide in-depth market analysis, helping you to strategize your next move.”
MACD Bearish RSI Neutral Ultimate Oscillator Bearish ADX Weak Short Term Trend Downtrend Mid-Term Trend Downtrend Long-Term Trend Downtrend
Cardano (ADA) Forex Values
Monitor the value of across key global currencies. Our table includes data in EUR, GBP, JPY, CNY, CAD, and INR, offering a wide-lens view of the international crypto market.
0.20634 1.92 38.51 0.35667 21.88
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About Cardano (ADA)
ADA (Cardano) is a blockchain platform that aims to provide a secure and scalable infrastructure for developing decentralized applications (DApps) and smart contracts. Launched in 2017, Cardano sets out to address some of the key challenges existing blockchain networks face, including scalability, sustainability, and interoperability.
One of Cardano’s distinguishing features is its scientific approach to development. The project is backed by a team of academic researchers and engineers who leverage peer-reviewed research and rigorous testing to ensure the platform’s reliability and security. Cardano’s development is driven by a layered architecture, separating the blockchain’s settlement layer (Cardano Settlement Layer or CSL) from the computation layer (Cardano Computation Layer or CCL), which enables greater flexibility and modularity.
Cardano utilizes a proof-of-stake (PoS) consensus algorithm called Ouroboros, which aims to achieve both security and energy efficiency. By staking ADA (Cardano’s native cryptocurrency), holders can participate in the consensus protocol and help secure the network while earning rewards. This PoS mechanism also contributes to Cardano’s scalability and sustainability.
The platform provides a platform for developing smart contracts and DApps through its unique programming language, Plutus. Plutus allows developers to write secure and reliable smart contracts while facilitating formal verification to ensure correctness and enhance security.
Cardano aims to support the seamless interoperability of different blockchain networks. Using sidechains and protocols such as the Cross-Chain Transfer Protocol (CCTP), Cardano enables the transfer of assets and information between different blockchain platforms, fostering greater connectivity and collaboration within the broader ecosystem.
The Cardano project is driven by the Cardano Foundation, IOHK (Input Output Hong Kong), and Emurgo, each contributing to its development, adoption, and governance. Cardano’s vision includes a focus on incorporating peer-reviewed research, fostering transparency, and enabling the participation of stakeholders in decision-making processes.
