Cardano (ADA) Price Chart

What is Cardano (ADA)

Cardano is a public, open-source, and decentralized proof-of-stake blockchain network founded by Ethereum co-creator Charles Hoskinson. The protocol aims to operate as a smart contract platform enabling developers to build decentralized apps more efficiently through scalable, fast, and low-cost transactions.

The native crypto asset providing security and facilitating operations across the Cardano ecosystem is called ADA, named after 19th-century mathematician Ada Lovelace.

As an early third-generation blockchain utilizing pioneering evidence-based philosophies and peer-reviewed open-source software, Cardano development remains focused on mathematical principles and meticulous quality over speed of deployment. The project has ambitious plans to rival Ethereum as the premium venue for open finance and non-fungible tokens as its technology matures. 

How is the ADA price calculated?

YouHodler aggregates ADA rates in real-time from prominent crypto exchanges like Binance, Huobi, and Kraken to calculate an accurate weighted average pricing. By compiling up-to-date price inputs from numerous established liquidity pools, our algorithms can precisely reflect current market valuations and conversion rates.

Cardano to USD price

The ADA to USD conversion is ever-fluctuating, reflecting the active nature of the Cardano market. YouHodler offers a comprehensive toolkit for buying, selling, multiplying, or HODLing ADA. Our tools are designed to optimize your investment to potentially grow alongside the Cardano ecosystem.

Cardano (ADA) Price Chart 

Keeping track of ADA's price is crucial, whether you're holding long-term or actively trading. YouHodler simplifies this with user-friendly price charts for ADA, enabling you to stay updated on Cardano's market trends. 

Analyzing real-time and historical pricing charts provides insight into market sentiment, adoption metrics, trading volumes, volatility, and other factors relevant to investment decisions. Scroll to the top of our page to access accurate real-time ADA price charts. 

Stay Updated with YouHodler’s Cardano Wallet App

For effortless ADA price tracking, download YouHodler's mobile app to monitor Cardano prices on the go, stay informed about Cardano's latest developments, set personalized price alerts, view historical charts and data, check wallet balances, and even execute trades and purchases around the clock. You'll never miss an opportunity or market shift related to ADA again, no matter where you are.

Cardano (ADA) Price Predictions

Forecasting the future price of ADA is a challenge due to Cardano's unique commitment to a research-oriented and methodically paced development strategy. This approach, prioritizing thoroughness over speed, adds a layer of unpredictability to ADA's market behavior. How will it work out in the future? While absolute certainty is unattainable, YouHodler aids investors with resources, including up-to-date news, technical analysis, and regular market updates. 

As Charles Hoskinson himself might suggest, reasoned analysis is essential when forecasting ADA's future.

Cardano Yields Account

In addition to potential ADA price appreciation over the long term, YouHodler offers the ability to earn  yield on your Cardano holdings with a market-leading compounding % p.a. rate.

Our Cardano Yields account unlocks easy passive income on your HODLed tokens, so your assets remain invested in the future potential of this promising network while steadily accumulating at the same time.

Get an ADA-Backed Loan

Needing capital but not quite ready to liquidate your valuable Cardano holdings? YouHodler offers collateralized loans accepted against your ADA without selling it.

By locking up an allocated amount of ADA as security in a smart contract, users can utilize YouHodler’s automated system to borrow against their holdings in the form of a fiat or stablecoin loan. Access cash flow now while retaining underlying positions for future upside.

Boost Your ADA Holdings with Turbocharge

If you're bullish on ADA's future, consider using YouHodler's Turbocharge feature to clone your ADA holdings. You can potentially increase your Cardano investment in anticipation of price growth. Explore cloning your ADA with Turbocharge here.