The cryptocurrency’s market capitalization has reached over 65 billion ahead of today’s announcement on its smart contract launch date for its main network, which could help Cardano compete equally with Ethereum, the report said.
A smart contract is a program on a blockchain that automates the execution of an outcome, according to IBM.
One ADA coin is currently worth $1.99, spiking 15.73% within the past day and 42.87% within the past seven days, according to real time data tracked by CoinMarketCap (Note: market capitalization is constantly changing). Its market capitalization is currently $63.2 billion.
What is Cardano (ADA)?
Cardano is a decentralized public blockchain and cryptocurrency project that is the first to evolve out of a scientific philosophy, and research-first driven approach, according to Crypto.com. ADA is the native token of Cardano.
How to buy ADA coin
What is cryptocurrency?
Cryptocurrency is a digital asset designed to be used over the internet, according to Coinbase. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.
If you’re interested in investing in other cryptocurrencies such as Bitcoin, Dogecoin, Ethereum and Tether, here are some options to get you started:
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