Cardano is one of the most popular forms of cryptocurrency, a kind of digital currency that exists exclusively online. Cardano was founded in 2015 and began trading publicly in October 2017 at the price of a few cents per coin. As of January 2022, the coin trades for more than $1.20, though it had peaked above $3 in the prior 52 weeks. It’s among the 10 largest cryptocurrencies by total value, according to CoinMarketCap.com.
Here’s what Cardano is and what you need to know about it.
What is Cardano?
Cardano is one of the most popular cryptocurrencies in a market of more than 10,000 crypto coins. The cryptocurrency is called Cardano, while the individual unit is called ada.
