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See the live Cardano price in EUR. Buy Cardano or add it to your Crypto Strategy.

Cardano

ADA

ADA to EUR Price

€0.4605

Cardano Market Cap

€16.41B

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ADA EUR price chart / performance

ADA EUR price chart / performance

Risk warning|
From
Apr 13, 2024
To
Apr 20, 2024

Returns

Returns

Return (24h)
+5.99%
Return (7D)
-3.42%
Return (1M)
-17.59%
Return (1Y)
+20.49%

My Investment

My Investment

Profit Taken
€0.00
0.00%
You Have:
€0.00
Unrealised P/L
€0.00
0.00%

Cardano (ADA) History and Overview

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.

Posts

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.

Avatar
@MomenJaradat
14 Apr, 2024

1/4


These are the buy and hold returns from April 1 to the present. 


I provide this information to help you see the extent of the decline resulting from the black swan event last night and the night before and compare its impact from the opening of the month. 


You can evaluate this discounts in relation to your investment as this is an appropriate opportunity to buy discounts as in Mid of last March.


It is always better to invest in a passive index with objective rules and no survival bias.


You can review the components that my indexes possess periodically and compare your performance with my indexes that objectively organize the cryptocurrency market according to the method of your investment, or use them to form your own strategies or customize your investment and increase your understanding of developments in the crypto market.


I'm a momentum investor, I buy winners and sell losers here.

The winner remains a winner and the loser remains a loser.


But you can benefit from this information according to your strategy if you are buying dips.


Blockchain Infrastructure sector ex-$ETH


$SOL

$ADA

$AVAX

$DOT

$MATIC

$ICP

$NEAR

$APT

$STX

$ATOM

$ARB

$HBAR

$OP

$INJ

$FTM

$TIA

$SUI

$SEI

$ALGO

$FLOW

Post image
2 people like this
Avatar
@ICONOMI
10 Apr, 2024

Latest News on Cardano (ADA)


Cardano $ADA faced a 4% decline amidst a market downturn, dropping out of the top 10 cryptocurrencies. This setback is countered by a potential rebound signaled by technical analyses, such as a stabilizing RSI and increasing support levels since early April.


Despite a 20% drop over the last month, Cardano's $21 billion market cap and its substantial circulating supply underscore its volatility and resilience.


With strong fundamentals like a disinflationary policy and decentralized governance, Cardano is well-positioned for future growth, highlighting its appeal as a long-term investment in the cryptocurrency space.


What comes next? Explore our in-depth analysis on Cardano's performance for more details!

Post image
2 people like this

🔵 We must be the absolute best in the long run

🔵Analysis of the expected risks and returns for selected assets from the blockchain infrastructure sector for next April.


When you first look you will find that we have higher expected risks and expected returns than the markets.


But if you compare the portfolio by the coefficient of variation with market indices, you will find that we are the best in terms of expected return compared to risks, which is the most important.


We actually outperform the markets in terms of performance compared to the market indices, but if you compare that in terms of the coefficient of variation, you will find that we are better, but this does not mean that high volatility in the short term disappears.


Long-term investing will reduce the high volatility and risk in the portfolio while maintaining outperformance over the markets due to the positive correlation between the assets in the crypto strategy, and the ability to recover when the black swan event occurred and we could not control it using the market timing model.


As you can see, this portfolio bears high risks with high returns, but the long-term growth potential is enormous because the markets are conquered based on mathematical models.


Why ?


Because we generate a return proportional to the risks we are exposed to and not random.


The RR calculated based on probabilities and not based on an arbitrary choice of assets.


So don't worry, $SOL, the weight will decrease by half.

This sector will constitute only 50% of the portfolio.


$ADA, $DOT $MATIC

These assets have become more sensitive to risks up to the present time compared to returns based on the analysis of the annual coefficient of variation.

So it will be skipped in April


Anyway,you should expect to lose half of your investment at any given time when copying this strategy.


But by using my my mathematical model to determine the optimal position for taking additional risks, which is mainly based on the analysis of the trend, momentum and correlation of the assets in this crypto strategy with market indices can help reduce risks.


The structure of this portfolio is a growth portfolio.


This strategy is so that I can see my performance and compare it to my decentralized wallets, and not for the purpose of fame. Someone may benefit from my experience in the market, so I made this strategy public and publish my notes for reference.


I only believe in mathematics


https://www.iconomi.com/asset/MRJARADAT


🔵 The

Post image
4 people like this
StakeHODLer
25 Mar, 2024

I'm still confident about $ETH $ADA $ATOM and Monero

2 people like this

The $SOL continues to shine! It acts a lot like $ETH in previous cycles. $SOL seems on its way to its previous ATH. There is actually not much trading history at these levels in $SOL because it was only briefly higher in a bullmarket top spike.


At the same time $SOL is on the verge of making a new ATH in $ETH value, a chart that is way more important than many market participants think. We witnessed in the previous cycle how $ADA (the $SOL of the previous bullmarket) was often sold to $ETH at these price levels.


We watch the chart closely and still hold on to our $SOL for now, but at a certain price level, we might be tempted to buy more $RUNE, $INJ or $ETH with our $SOL because we assume the risk reward is more attractive in these other projects.

2 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.

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