Question 1

What is Cardano?

Accepted Answer

Cardano (ADA) is 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

Question 2

What is the price of Cardano?

Accepted Answer

Cardano is currently trading at $0.272. It has changed -1.73% in the last 24 hours.

Question 3

Where can I buy Cardano?

Accepted Answer

Cardano (ADA) can be purchased on major cryptocurrency exchanges like Binance and Bybit.

Question 4

What is Support and Resistance?

Accepted Answer

Support is a price level where buying pressure tends to emerge as the price falls. Resistance is a price level where selling pressure tends to emerge as the price rises. These levels represent critical points where investors make their buy and sell decisions.

Cardano Technical Analysis

Cardano (ADA) Price, Technical Analysis and Support/Resistance Levels

ADA/USDT Chart

ADA Technical Analysis

Moving Averages

Oscillators

Trend Status

Support/Resistance

Support & Resistance Levels

Resistance

Support

Classic Pivot Points

Fibonacci Retracement

Basic Indicators

Simple Moving Averages (SMA)

Exponential Moving Averages (EMA)

Complex Indicators

Volume Profile

Supertrend

Ichimoku Cloud

Market Prices

Detailed Info & Tokenomics

Market Data

Token Supply

Important Links

Live News

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