Home / Crypto Prices / Cardano
Cardano price
€0.49
Cardano price
About Cardano (ADA)
Cardano is a research-driven cryptocurrency. Cardano is the first proof-of-stake blockchain platform to be founded on peer-reviewed research. It's powered by Ouroboros, a protocol that its proponents claim has improved upon security, scalability and energy efficiency versus other proof-of-work predecessors, like Bitcoin. ADA is the native token of Cardano and can be staked to earn rewards.
Cardano (ADA) Price Today
Cardano price today is €0.49.
46.344.959 ADA was purchased today on Kraken worth €22,673,391. Check out the ADA chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive ADA price alerts. Kraken lets you buy and sell 448 cryptocurrencies, including ADA. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
The bullish take on Cardano
Cardano's development is guided by peer-reviewed research methods, with the aim of building a scientifically robust and secure blockchain infrastructure that appeals to institutions and governments.
The upcoming Hydra scaling solution aims to drastically increase transaction throughput, with the goal of reaching millions of transactions per second, which would place Cardano among the most scalable and robust blockchain platforms available today.
With the introduction of smart contracts via the Alonzo upgrade, Cardano is seeing increased adoption for developers building DeFi, NFTs, and dApps projects,while also building blockchain bridges that increase compatibility with blockchains such as Ethereum and Solana.
The bearish take on Cardano
Cardano’s methodical, research-driven approach has resulted in competitors like Ethereum and Solana quickly gaining momentum in the short term as Cardano focused on more rigorous standards.
Despite enabling smart contracts with the Alonzo upgrade, Cardano has struggled to develop as diverse of a DeFi and dApp ecosystem compared to other Layer 1 blockchains.
Although Cardano has delivered on partnerships with governments and organizations, it has not yet reached the same level of growth and usage as some other Layer 1 networks.
Cardano (ADA) Price History
Cardano price is +53,63% over the last year. The highest price of ADA in the last year was €1.17 and the lowest price of Cardano in the last year was €0.28.
24h
-2,38%
7d
+1,85%
1m
-15,41%
1y
+53,63%
Trending Cryptocurrencies
Top cryptocurrencies with market data available on Kraken
Top cryptocurrencies by market cap
Biggest gains
Categories
Kraken classes Cardano to be within the following categories: Smart Contract Platform, Layer 1, Cardano Ecosystem, Proof of Stake.
Get started with Cardano in The Netherlands
Learn how to buy Cardano in The Netherlands easily and safely through Kraken.
Cash out of Cardano with flexible funding options.
See if you can earn rewards on your Cardano.
Cardano FAQ
Cardano Dollar Cost Averaging Calculator
See how much value you'd have today if you had dollar-cost averaged into different cryptocurrencies.
Cardano markets
Explore popular Cardano trading pairs on Kraken. You can swap ADA for cash, stablecoins or other digital assets.
Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Cardano. Check out some of the top trading pairs in The Netherlands on Kraken today.
Margin, futures and opt-in rewards are subject to certain geographic limitations and eligibility criteria.
Reward rates are subject to change and compliance with Kraken's terms and conditions. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. For more information, please see our Terms of Service.
Trading futures, derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.