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Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. [5] Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson.
Cardano (ADA) is a cryptocurrency currently worth about $0.38 per coin, down from an all-time high of $3.10 last summer. The coin has a market cap of roughly $12.7 billion as of October 2022 ...
The recently gained bullish momentum alongside ecosystem-centric updates could push Cardano’s ADA above the $0.5 mark provided certain market conditions align.