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ADA EUR price chart / performance

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Dec 5, 2023
Dec 12, 2023


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Cardano (ADA) History and Overview

Cardano is a type of blockchain platform, and it works by processing transactions using a special kind of cryptocurrency named ADA. The big goal of Cardano is to create a network that connects different blockchains together smoothly. Their aim is to create an “Internet of Blockchains.”

ADA is the currency that makes the Cardano network run. Cardano wants to be faster, user-friendly with other systems, and eco-friendly, unlike Bitcoin and Ethereum. It achieves this by using a “proof of stake” method to verify transactions. To use the Cardano platform, users to pay transaction fees, and these fees are paid using ADA.

The validators receive it as a reward for running the proof of stake system. ADA is one of the most popular crypto. You can buy it from most top cryptocurrency exchanges. Binance, Coinbase, Gemini and Kraken.

Cardano named its crypto asset ADA after Augusta Ada King, the Countess of Lovelace. She lived in the 19th century and people often consider her as the world's first computer programmer. Participants who stake their ADA token in the network are eligible to receive rewards, contributing to the PoS consensus mechanism.

Key highlights:

  • Charles Hoskinson founded Cardano in 2015, and it was officially launched in 2017.
  • Cardano is a platform for decentralized applications (or dApps), and it supports a variety of assets and smart contracts.
  • The system runs on the Ouroboros PoS consensus protocol.
  • Three main entities govern Cardano in a decentralized way: The Cardano Foundation, IOHK, and EMURGO.

Cardano vs. Ethereum
Cardano sees itself as a “third-generation” blockchain, a step up from Ethereum’s “second-generation” tech. Both Cardano and the other platform offer smart contracts and similar features. However, Cardano has a specific goal of being faster and providing financial services to people worldwide. This is especially important for those who do not have access to traditional banking services.

How To Buy Cardano or Add it to your Strategy

The fastest, most convenient way to purchase Cardano is to purchase it on ICONOMI. We check Cardano live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Cardano by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Cardano is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Cardano, we recommend you read the next section, as copying might be a better approach.

Add Cardano to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Cardano in their structure.


Here you can read and comment on all posts made by Strategists about Cardano ADA. See all Cardano price predictions in real time and make the best use of their crypto knowledge.

14h ago

The recent 7.5% drop in $BTC price towards $40,000 is a stark reminder of the inherent volatility in the cryptocurrency market. It has since rebounded a few per cent and is currently trading for $42,132.07.

The broader crypto market, including altcoins like $ETH , $XRP, and $ADA, also felt the ripple effect of Bitcoin's decline, shedding about 4% in value. This market movement underscores the interconnected nature of digital assets and the influence of Bitcoin as a market leader.

In the ETF arena, VanEck's recent amendment to its spot Bitcoin ETF application, changing its ticker to $HODL, reflects a blend of crypto culture and strategic marketing. This move, while appealing to a younger demographic familiar with crypto jargon, also highlights the growing interest and competition among major firms like BlackRock and Fidelity in the crypto ETF space.

Furthermore, Britain's M&G Investments leading a $30 million funding round in the crypto derivatives platform GFO-X is a significant development. This investment not only boosts GFO-X's position ahead of its launch but also signals the growing interest in regulated digital asset trading. With the UK's Financial Conduct Authority's backing, GFO-X is poised to offer a regulated marketplace for Bitcoin index futures and options, potentially positioning London as a global hub for crypto asset technology and investment.

Google recently updated its advertisement policy, allowing advertisements for U.S.-based crypto trusts from January 2024. This change coincides with the anticipated approval of spot Bitcoin ETFs in the United States, potentially heralding a new era of mainstream crypto advertising. By permitting ads for cryptocurrency coin trusts, which are likely to include ETFs, Google is opening up a vital channel for crypto-related financial products to reach a broader audience.

The requirement for advertisers to be Google-certified, ensuring compliance with local laws and regulations, underscores the tech giant's commitment to responsible advertising in this evolving sector.

4 people like this

Dear valued clients,

We would like to inform you that on December 11, 2023, we will be automatically executing a rebalancing of the Digital Asset Array (DAA) within the Crypto Assets DAA strategy.

The current active DAA structure will be as follows:








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2 people like this
Capella Horizon
9 Dec, 2023

Looks like we’ve still got some legs in this alt run. $AVAX $FTM $DOT $ADA all looking great

5 people like this
Capella Horizon
9 Dec, 2023

Altcoin run here we go $ETH$ADA$DOT$NEAR$AVAX$KSM

5 people like this
Capella Horizon
8 Dec, 2023

Three chains with the most active development are kusama, cardana and dot - been the case for the last year $KSM $ADA $DOT

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5 people like this

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Cardano Price FAQ

What Is the Highest Price of Cardano (ADA) in EUR?

Cardano (ADA) price history shows the highest value of 2.50 EUR . We recorded this price on September 3, 2021, but we cannot exclude that a higher price was registered before January 1, 2019.

What Is the Lowest Price of Cardano (ADA) in EUR?
How to buy Cardano (ADA)?
What Is the Current Price of Cardano (ADA) in EUR?
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