Index
Indicators
Information about Cardano (ADA)
Cardano is a proof-of-stake blockchain platform whose goal is to enable “changers, innovators, and visionaries” to bring about positive change globally. This open-source project also aims to “re-allocate power from accountability structures to the edge to individuals”—helping to create a safer, more transparent, and just society.
Cardano was founded in 2017, and the ADA token is designed to ensure that holders can participate in the operation of the network. For this reason, cryptocurrency holders have the right to vote on any proposed software change. The team that created this layered blockchain says there are already several exciting use cases for their technology. The team’s purpose is to enable decentralized applications and smart contracts to grow modularly.
Agricultural companies use Cardano to track fresh produce from the field to the table, while other products built on top of this allow for educational credential storage to combat counterfeiters and retailers to prevent counterfeiting.
News
A notable transfer of 200,000,000 XRP to Binance was recorded, following a price drop of 16.25%. Currently, XRP has rebounded by 5.52% to 1.95 USD.
Bitcoin marked its first major ‘death cross’ for 2025, having fallen from its January high of 109,114 USD to a low of 74,420 USD, but is now trading at 79,397 USD.
Sebastien Guillemot from Cardano announced a purchase of 686,567 ADA for 460,000 USD, including a loan. Despite market volatility, ADA is currently priced at 0.5971 USD.
Cardano (ADA) is currently trading at 0.5859 USD, showing an increase of 11.14% in the last 24 hours. The daily trading volume jumped by 44.07%, amounting to about 1,771,653,880 USD.
The strong trading volume reflects robust investor interest, suggesting many anticipate further price gains for ADA in the near future.
Despite the recent rise, Cardano has experienced a decline of 13.16% over the past week, with a total market capitalization of 20,668,523,289 USD.
Cardano, the ninth-largest cryptocurrency, is approaching its first death cross in 2025 as indicated by its 50-day SMA of 0.74 USD declining towards the 200-day SMA of 0.734 USD.
The price of Cardano has dropped from a high of 1.19 USD, currently trading at 0.647 USD, showing a slight recovery after dipping on April 2, 2025.
While the death cross may suggest bearish momentum, it is not always a reliable predictor of price movements. The last cross in May 2024 led to a significant decline in ADA’s price.
Sebastien Guillemot of dcSpark announced a significant donation of 686,567 ADA to the Cardano treasury, worth about 460,000 USD. The donation included a 400,000 USD loan and 60,000 USD in interest calculated at a 6% APR.
This donation was delayed due to the implementation of the treasury donation feature on the Cardano blockchain. DcSpark also released a new version of the Cardano Rust SDK to support this function, enhancing developer tools. Despite market fluctuations, the Cardano treasury now holds over 1.72 billion ADA, equivalent to approximately 927.08 million USD.
People also own