Cardano
Cardano is a research-based, proof-of-stake blockchain built for scalability, sustainability, and formal verification. It emphasizes academic rigor and peer-reviewed development, appealing to long-term investors. ADA is used for staking, governance, and running smart contracts on its Plutus platform. Cardano aims to serve real-world use cases, especially in emerging markets.
| Cardano | |
|---|---|
| Market Cap Rank | 9 |
| Sector / Use Case | Smart Contracts & DeFi |
| Consensus Mechanism | Proof-of-Stake |
| Year Launched | 2017 |
| Current Price Range | $0.20-$0.80 |
| All-Time High | $3.10 (Sep 2021) |
| Staking Rewards (%) | 4-6% |
| Developer Activity Level | High |
| Institutional Adoption | Moderate |
| Notable Features | Academic-driven development, high scalability |
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