Cardano
ADA
Cardano Price, ADA Price, Live Charts and Marketcap
Trade Anytime, Anywhere
Exchange ADA and +500K altcoins in a fast, simple and secure way.
Price of Cardano today
The live price of Cardano is $0.727 per (ADA / USD) today with a current market cap of $795.4M USD. The 24-hour trading volume is $1.5B USD. ADA to USD price is updated in real time. Cardano is +2.54 % in the last 24 hours. It has a circulating supply of 35,957,314,844.729 .
What is the highest price of ADA?
ADA has an all-time high (ATH) of $3.09, recorded on 02-09-2021.
What is the lowest price of ADA?
ADA has an all-time low (ATL) of $0.019, recorded on 13-03-2020.
Cardano market information
Cardano Information
The information about Cardano (ADA) token is:
The Cardano (ADA) token discussed here refers specifically to the Binance-Peg Cardano Token, a BEP-20 token launched on the Binance Smart Chain (BSC), not the native ADA token of the Cardano blockchain. This distinction is critical as the native ADA operates on its own proof-of-stake blockchain, while the Binance-Peg version is a wrapped representation designed for compatibility with BSC’s ecosystem.
The Binance-Peg ADA token’s smart contract address on BSC is 0x3ee2200efb3400fabb9aacf31297cbdd1d435d47, enabling it to interact with BSC’s decentralized applications (dApps), decentralized finance (DeFi) protocols, and other BEP-20 tokens.
This token was created by Binance to allow ADA holders to bridge their assets from the Cardano blockchain to BSC, facilitating participation in BSC’s DeFi ecosystem, such as lending and liquidity mining, without relying solely on Cardano’s native infrastructure.
The total supply of the Binance-Peg ADA token is approximately 451,907,177.77999997 tokens, reflecting the amount pegged and circulating on BSC, though this can vary as users deposit or withdraw ADA through Binance’s bridging mechanism.
It maintains a 1:1 peg with the native ADA token, meaning each Binance-Peg ADA represents one ADA locked in Binance’s custody, ensuring interoperability between the two blockchains while leveraging BSC’s low-cost, high-speed transactions.
The token’s purpose includes enabling ADA holders to access liquidity mining opportunities, such as those offered by Venus Protocol, which added Cardano to its money market in February 2021, allowing it to be used as collateral for borrowing and lending on BSC.
Posts on X and web sources indicate that the Binance-Peg ADA token supports Cardano’s broader adoption by integrating it into BSC’s thriving DeFi landscape, which has historically offered faster and cheaper alternatives to Ethereum-based DeFi during periods of high gas fees.
Unlike the native ADA, which is used for staking, governance, and transaction fees on the Cardano blockchain, the Binance-Peg ADA on BSC focuses on utility within BSC’s ecosystem, such as token swaps, yield farming, and participation in decentralized exchanges like PancakeSwap.