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

Cardano

ADA

ADA to USD Price

$0.7696

Cardano Market Cap

$27.31B

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ADA USD price chart / performance

ADA USD price chart / performance

Risk warning|
From
Feb 26, 2024
To
Mar 4, 2024

Returns

Returns

Return (24h)
+5.81%
Return (7D)
+24.32%
Return (1M)
+53.06%
Return (1Y)
+129.98%

My Investment

My Investment

Profit Taken
$0.00
0%
Profit/Loss
$0.00
0%
You Have:
$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.

HUGH MATH INDEX
1 Mar, 2024

⚫️ Hugh Math Index

⚫️ As of Mar 1, 2024


⚫️ Hugh Math Index

The HMI is a broad-based Index for the cryptocurrency market designed to measure the overall growth of the cryptocurrency market by tracking the performance of a large of crypto assets picked to represent the broader cryptocurrency market.

More details


⚫️ Quick Facts

▪️ Number of Constituents (40)

▪️ 80.82% of Total Market Cap (1923.4bn)

▪️ 96.08% of Hugh Math Index Standard

▪️ Launch Date: Jul 28, 2021 

▪️ Type: Passive - Broad-based index "Benchmark"

▪️ Focus: The broader cryptocurrency market

▪️ M&J Global Style Box: Large - Blend

▪️ Weighting Method: The square root of market capitalization

▪️ Constituents selection: Quarterly in March, June, September, and December▪️ Rebalancing: Monthly

▪️ Periodic review: Weekly

▪️ Benchmark: Total Market Cap


⚫️ Key Highlights

▪️ Diversified and provides comprehensive coverage of the entire cryptocurrency market.

▪️ The Hugh Math Index is designed to be for passive copiers to participate in the cryptocurrency market on an objective basis, where you can use Buy and hold or use Dollar Cost Averaging (DCA) to reduce market risk or Buy the dips - sell the rips! 


⚫️ Top 10 Holdings(64.48% of Total Assets)

$BTC (23.99%)

$ETH (13.93%)

$BNB (5.44%)

$SOL (5.23%)

$ADA (3.37%)

$DOGE (2.94%)

$AVAX (2.76%)

$LINK (2.35%)

$DOT (2.34%)

$MATIC (2.13%)


⚫️ Sector Weightings(%)

The sector classification system was developed to be more accurate to market conditions.

▪️ Currency (28.87%)

▪️ Blockchain Infrastructure (54.43%)

▪️ Infrastructure Applications (6.99%)

▪️ Decentralized Finance (5.78%)

▪️ Media & Entertainment (3.93%)



🔵 To copy this crypto strategy

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


⚫️ Disclaimer

▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.

▪️ Past performance is not a guarantee of future results. 

▪️ Investing involves risks, including the possibility of losing capital.


Hugh Math Index

Math-Based Investing

Post image
One person likes this

However, if you want to copy one of the indexes derived from this index, you should know that at the end of this month it was announced that all indexes will be deleted except for the HUGH MATH INDEX because it is the main standard index and Next Gen Index. We plan to launch the indexes in a different way. I advise you to take a look at the NEXT GEN INDEX because it will be a growth index if you are looking for a unique investment, as it is invested only in the best projects that help the next generation build Web 3.0 , that is, with blockchain infrastructure and infrastructure applications using the sampling methods that the index was designed to invest. Therefore, you can view the assets and read the description until you have confidence in the long-term investment process - the index is new - but you can trust it when you see the list of assets and see the main index in the long run. Good luck 🍀

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

DELTA MATH INDEX
1 Feb, 2024

⚫️ Delta Math Index

⚫️ As of Feb 1, 2024


⚫️ Delta Math Index

The DMI is a sector index designed to track the performance of the largest leading and most liquid crypto assets picked to represent the Blockchain Infrastructure Sector.


🔵Which classifications of digital assets will the DELTA MATH INDEX periodically invest in?

⚫️ [1/3]

⚫️ [2/3]

⚫️ [3/3]


▪ Smart Contract Platforms


▪ Blockchain Utilities

[1] Network scaling

[2] Cross-Chain Interoperability

[3] Blockchain Networks


▪ Application Utilities

[1] Oracles

[2] Digital Identity

[3] Governance Tools

[4] Software Development


▪ Information Technology

[1] Data Services

[2] Compute & Private Storage

[3] Wallets & Messaging

[4] Internet of Things


⚫️ Quick Facts

▪️ Number of Constituents (19)

▪️ 23.76% of Total Market Cap (414.1bn)

▪️ 30.25% of Hugh Math Index Standard

▪️ %71.93 of the Blockchain Infrastructure Sector

▪️ Launch Date: Oct 29, 2022 

▪️ Type: Passive - Sector index

▪️ Focus: Blockchain infrastructure sector

▪️ M&J Global Style Box: Large - Blend

▪️ Weighting Method: The square root of market capitalization

▪️ Constituents selection: Quarterly in March, June, September, and December

▪️ Rebalancing: Monthly

▪️ Periodic review: Weekly

▪️ Benchmark: Hugh Math Index


⚫️ Key Highlights

▪️ Diversified and provides comprehensive coverage of the entire blockchain infrastructure sector.

▪️ The Delta Math Index is designed to be for passive copiers to participate in the cryptocurrency market on an objective basis, where you can use Buy and hold or use Dollar Cost Averaging (DCA) to reduce market risk or Buy the dips - sell the rips!


⚫️ Overall Crypto Strategy Composition(%)

▪️ Coins (77.69%)

▪️ Tokens (22.31%)


⚫️ Top 5 Holdings(57.24% of Total Assets)

$ETH (27.86%)

$SOL (11.1%)

$ADA (7.2%)

$AVAX (6.07%)

$DOT (5.01%)


⚫️ Sector Weightings(%)

▪️ Blockchain Infrastructure(100%)



🔵 To copy this crypto strategy

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


⚫️ Disclaimer

▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.

▪️ Past performance is not a guarantee of future results. 

▪️ Investing involves risks, including the possibility of losing capital.


Delta Math Index

Math-Based Investing

Post image
2 people like this
VEGA MATH INDEX
1 Feb, 2024

⚫️ Vega Math Index

⚫️ As of Feb 1, 2024


⚫️ Vega Math Index

The VMI is a Smart Beta Index designed to beat the performance of the Hugh Math Index with an additional risk premium of 24.81%.

The index components are selected within a cut-off point approximately 20% ±5% of the Hugh Math Index within the mathematical equation:

(Vega Math Index + Beta Math Index) >=90% of Hugh Math Index Standard

Vega Math Index = Hugh Math Index EX-Beta Math Index


⚫️ Quick Facts

▪️ Number of Constituents (38)

▪️ 13.15% of Total Market Cap (229.2bn)

▪️ 16.74% of Hugh Math Index Standard

▪️ Launch Date: Nov 26, 2022 

▪️ Type: Passive - Smart beta index

▪️ Focus: Secret sauce "Statistical base"

▪️ M&J Global Style Box: Large - Blend

▪️ Weighting Method: The square root of market capitalization

▪️ Constituents selection: Quarterly in March, June, September, and December

▪️ Rebalancing: Monthly

▪️ Periodic review: Weekly

▪️ Benchmark: Hugh Math Index


⚫️ Key Highlights

▪️ Diversified and provides comprehensive coverage of the entire cryptocurrency market EX - MEGA.

▪️ The Vega Math Index is designed to be for passive copiers to participate in the cryptocurrency market on an objective basis, where you can use Buy and hold or use Dollar Cost Averaging (DCA) to reduce market risk or Buy the dips - sell the rips! 


⚫️ Overall Crypto Strategy Composition(%)

▪️ Coins (62.11%)

▪️ Tokens (37.89%)


⚫️ Top 10 Holdings(49.17% of Total Assets)

$BNB (8.76%)

$SOL (8.55%)

$ADA (5.54%)

$AVAX (4.68%)

$DOGE (4.38%)

$DOT (3.85%)

$LINK (3.75%)

$MATIC (3.59%)

$ICP (3.08%)

$SHIB (2.99%)


⚫️ Sector Weightings(%)

▪️ Blockchain Infrastructure(77.1%)

▪️ DeFi(9.44%)

▪️ Meme(7.37%)

▪️ GameFi(6.09%)



🔵 To copy this crypto strategy

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



⚫️ Disclaimer

▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.

▪️ Past performance is not a guarantee of future results. 

▪️ Investing involves risks, including the possibility of losing capital.


Vega Math Index

Math-Based Investing

Post image
2 people like this
HUGH MATH INDEX
1 Feb, 2024

⚫️ Hugh Math Index

⚫️ As of Feb 1, 2024


⚫️ Hugh Math Index

The HMI is a broad-based Index for the cryptocurrency market designed to measure the overall growth of the cryptocurrency market by tracking the performance of a large of crypto assets picked to represent the broader cryptocurrency market.

More details



⚫️ Quick Facts

▪️ Number of Constituents (40)

▪️ 77.83% of Total Market Cap (1356.7bn)

▪️ 99.1% of Hugh Math Index Standard

▪️ Launch Date: Jul 28, 2021 

▪️ Type: Passive - Broad-based index "Benchmark"

▪️ Focus: The broader cryptocurrency market

▪️ M&J Global Style Box: Large - Blend

▪️ Weighting Method: The square root of market capitalization

▪️ Constituents selection: Quarterly in March, June, September, and December

▪️ Rebalancing: Monthly

▪️ Periodic review: Weekly

▪️ Benchmark: Total Market Cap


⚫️ Key Highlights

▪️ Diversified and provides comprehensive coverage of the entire cryptocurrency market.

▪️ The Hugh Math Index is designed to be for passive copiers to participate in the cryptocurrency market on an objective basis, where you can use Buy and hold or use Dollar Cost Averaging (DCA) to reduce market risk or Buy the dips - sell the rips! 


⚫️ Overall Crypto Strategy Composition(%)

▪️ Coins (76.15%)

▪️ Tokens (23.85%)


⚫️ Top 10 Holdings(64.19% of Total Assets)

$BTC (23.57%)

$ETH (13.5%)

$BNB (5.51%)

$SOL (5.38%)

$ADA (3.49%)

$AVAX (2.94%)

$DOGE (2.76%)

$DOT (2.43%)

$LINK (2.36%)

$MATIC (2.26%)


⚫️ Sector Weightings(%)

▪️ Blockchain Infrastructure(62.02%)

▪️ Currency(23.57%)

▪️ DeFi(5.94%)

▪️ Meme(4.64%)

▪️ GameFi(3.83%)



🔵 To copy this crypto strategy

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


⚫️ Disclaimer

▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.

▪️ Past performance is not a guarantee of future results. 

▪️ Investing involves risks, including the possibility of losing capital.


Hugh Math Index

Math-Based Investing

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@ICONOMI
10 Jan, 2024

Despite facing a significant 17.3% drop in price, Cardano $ADA recent activities and market responses paint a picture of resilience and potential growth.


The year began with ADA experiencing a notable downturn, dropping by 18%. However, this decline was met with robust trading activity, pushing the total turnover to over $900 million. This surge in trading volume, coupled with a swift rebound in price to $0.5131, signals a strong investor confidence in ADA's future.


Cardano continues to lead in blockchain development, averaging 449 daily GitHub commits. However, it's not all smooth sailing. The network's DeFi ecosystem has seen a 21.58% decline in trading volume, raising concerns about its current state and future prospects.


From a technical standpoint, ADA's recent price action has been a rollercoaster. The token's drop to $0.47, followed by a 14% surge, indicates a market grappling with uncertainties. Key support levels at $0.47 to $0.50 are being closely watched, especially as whales have strategically accumulated positions around these points.


Delve deeper on our blog: https://www.iconomi.com/blog/cardano-ada-recent-developments-and-technical-analysis

4 people like this

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Cardano Price FAQ

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

Cardano (ADA) price history shows the highest value of 2.97 USD . 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 USD?
How to buy Cardano (ADA)?
What Is the Current Price of Cardano (ADA) in USD?
Is Cardano (ADA) a good investment?