Cardano is a proof-of-stake blockchain that runs smart contracts and whose native cryptocurrency is called ADA. The network launched in September 2017, needs no energy-hungry mining and, since 2025, lets its users vote on how it develops and what the money in its shared fund is spent on. Anyone holding ADA can delegate the coins to a stake pool, keeps full control over them at all times and earns a reward in ADA in return.
On November 13, 2026, one ADA cost about 0.15 euros. That values Cardano at just under 5.7 billion euros, roughly 95 percent below its all-time high of about $3.10 from September 2021. Our current view on the price outlook is in our Cardano price prediction. This profile explains how the network works technically, who runs it, what happens to ADA when you stake it, and what to look for when you buy and store the coin.
Cardano at a glance: the proof-of-stake blockchain behind ADA
A blockchain is a public ledger kept on many computers at once, to which new entries are added only under fixed rules. On Bitcoin, computing power decides who may write the next block. Cardano relies ...
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