Hoskinson Announces ‘Great Migration’ of Cardano Community From X
Hoskinson plans 'Great Migration' of Cardano community from X to Discord amid governance tensions and ADA price drop, Crypto and Cryptobriefing report.
ADA · #18 by market cap
-0.59% 1h -30.74% 7d -38.57% 30d -75.79% 1y
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| # | Exchange | Pair | Price | |
|---|---|---|---|---|
| 1 | AscendEX (BitMax) | ADA/USDT | $0.1669 | Trade ↗ |
| 2 | Binance | ADA/USDT | $0.1669 | Trade ↗ |
| 3 | BVOX | ADA/USDT | $0.1670 | Trade ↗ |
| 4 | Pionex | ADA/USDT | $0.1671 | Trade ↗ |
| 5 | BitMart | ADA/USDT | $0.1670 | Trade ↗ |
| 6 | Gate | ADA/USDT | $0.1669 | Trade ↗ |
| 7 | BTCC | ADA/USDT | $0.1671 | Trade ↗ |
| 8 | Deepcoin | ADA/USDT | $0.1670 | Trade ↗ |
| 9 | WhiteBIT | ADA/USDT | $0.1670 | Trade ↗ |
| 10 | XT.COM | ADA/USDT | $0.1671 | Trade ↗ |
Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.
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Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.
Capped supply — no further issuance possible above 45,000,000,000 ADA.
Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin.
What sets Cardano apart is its methodical, research-driven approach — every major feature is peer-reviewed by scientists and cryptographers before being added to the network. This careful process aims to create a more secure and stable foundation compared to platforms that prioritize speed over thorough testing. The platform's native cryptocurrency, ADA, is used to send money, pay transaction fees, and participate in network governance.
Cardano uses a proof-of-stake system to process transactions, which works differently from Bitcoin's mining approach. Instead of competing to solve complex puzzles, users can "stake" their ADA — essentially locking it up temporarily — to become validators who verify transactions. The system selects validators based on how much ADA they've staked and for how long, then rewards them with additional ADA for their participation. This approach uses far less energy than traditional mining while keeping the network secure. The platform also features a two-layer design that separates basic payment transactions from smart contract operations, allowing each function to be optimized independently for better performance.
ADA holders can earn staking rewards by locking up their tokens to help secure the network, vote on proposed changes to the platform, and use ADA for international money transfers with lower fees than traditional services.
Cardano was founded in 2017 by Charles Hoskinson, who previously helped create Ethereum. Hoskinson leads Input Output Global (IOG), the technology company that builds and maintains Cardano's core software. The ecosystem operates through three organizations: IOG handles technical development, the Cardano Foundation promotes adoption and standardization, and Emurgo helps businesses integrate blockchain technology into their operations. This structure distributes responsibilities across multiple groups rather than concentrating control in a single entity.
In February 2025, major asset manager Grayscale Investments filed to create an exchange-traded fund (ETF) for Cardano with the U.S. Securities and Exchange Commission, which would allow traditional investors to buy ADA through their regular brokerage accounts without needing to set up cryptocurrency wallets.Retry
Cardano (ADA) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #18 among all cryptocurrencies by total market value. It belongs to the Smart Contract Platform and Layer 1 (L1) category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.
Cardano uses Ouroboros, a peer-reviewed Proof of Stake protocol. Stake pool operators run nodes; ADA holders delegate stake to pools and share rewards proportionally. Epochs (5 days each) are divided into slots; pools are randomly selected to mint blocks each slot weighted by stake. Cardano takes a research-first development approach with formal verification of protocol changes. Smart contracts use the EUTXO (Extended UTXO) model — distinct from the Ethereum account model — with Plutus (Haskell-based) as the primary smart contract platform.
There are currently 37,160,010,596 ADA in circulation out of a maximum supply of 45,000,000,000, meaning approximately 82.6% of the total ADA that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.
Cardano reached an all-time high of $3.09 on September 2, 2021. Currently the price sits 94.8% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.
Cardano (ADA) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their ADA to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.
Cryptocurrencies, including Cardano, are highly volatile and carry significant risk of loss. Over the past year, ADA has lost approximately 75.8% of its value. Whether Cardano is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.
Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Cardano (ADA) focuses on smart contract platform use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Cardano's value is tied to adoption within its specific use case and underlying network effects.
3/3 To find out more on what to expect over the next week or two and in the native token age, here’s a rundown from our blog. So let's welcome Mary and multi-assets and let's go!🚀 Blog: https://iohk.io/en/blog/posts/2021/02/18/building-native-tokens-on-cardano-for-pleasure-and…
— Cardano Foundation Community Manager
CARDANO SMART CONTRACTS: On tonight's earlier Cardano360 we shared the rollout plan for smartcontracts on Cardano. Here's more on the Alonzo roadmap from Charles Hoskinson. We'll bring you more clips from the show throughout the week ahead via our Twitter accounts, so stay tuned…
— Cardano Foundation Community Manager
Join Tim Harrison & Aparna Jue for Cardano360 – our bumper March edition 🎉 It's been another month of incredible growth across the Cardano universe. Packed with 3+ hours of content, here's where we chart our expanding universe! Watch it here: https://youtu.be/ULBLgPgxtN8
— Cardano Foundation Community Manager
Cardano D-DAY Confirmed: Earlier today, IOHK have just successfully submitted an update proposal to the Cardano blockchain, handing over full responsibility for block production to the stake pool operator community on March 31st. This is what Decentralization looks like. Onward!…
— Cardano Foundation Community Manager
Cardano360: A new episode of the Cardano monthly show! Featuring a full program of updates on all aspects of Cardano development, including team & partner interviews, progress updates & more! Join us on 25th of March, 17:30 UTC Get ready for it here: https://www.crowd…
— Cardano Foundation Community Manager