Cardano

Cardano (ADA) was founded in 2017 by Charles Hoskinson, co-founder of Ethereum, as a third-generation blockchain platform built on peer-reviewed academic research and formal verification methods. Using the energy-efficient Ouroboros proof-of-stake consensus mechanism, Cardano aims to provide a more sustainable and scientifically rigorous approach to blockchain development than its predecessors.

The Cardano ecosystem centers around its native ADA token, which enables staking rewards for network validators, and a growing collection of decentralized applications following the launch of smart contract functionality through the Alonzo upgrade. The platform emphasizes interoperability, sustainability, and scalability while supporting DeFi protocols, NFT projects, and identity solutions across emerging markets, particularly in Africa through partnerships with governments and educational institutions.

At CoinDesk, we provide comprehensive Cardano news coverage tracking the platform's methodical development approach, major protocol upgrades, and real-world adoption initiatives. Our reporting covers everything from staking developments and DeFi growth to Cardano's unique governance model and expanding partnerships in developing nations.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Cardano’s Bearish Retail Crowd Hands Whales a Buying Opportunity

The sentiment dip coincided with a 5% rebound, suggesting traders who sold into frustration may have helped mark a local bottom.

By Shaurya MalwaSep 6, 2025

Markets

Cardano Gains 2%, Shrugs Off ETF Delay

ADA rallied to $0.87 on surging volume, ignoring the SEC’s pause on Grayscale’s ETF and hinting at institutional interest.

By Helene Braun, CD AnalyticsAug 27, 2025

Cardano’s ADA token climbed 3% to $0.87 in the past 24 hours, according to CoinDesk Analytics data.

Markets

Cardano’s ADA Price Finds Support as Hoskinson Talks Markets and Network's Future

ADA traded within a 10% range overnight as investors weighed macro signals and Cardano ecosystem updates.

By Helene Braun, CD AnalyticsAug 25, 2025

Consensus 2025: Charles Hoskinson, CEO & Founder, Input Output

Markets

Cardano, Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback to $100K

The mood has soured quickly after a string of record highs, with traders forced to reckon with the macro backdrop once again.

By Shaurya MalwaAug 20, 2025

Markets

Cardano’s Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout

Dubbed the “Glacier Drop,” the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger, or Brave as of a June 11 snapshot.

By Shaurya MalwaAug 6, 2025

Markets

Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility

ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.

By Helene Braun, CD AnalyticsAug 5, 2025

Tech

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

Proposed technical implementations are designed to lead to increased developer activity and new use cases for applications on the network, contributing to demand for ADA, the network’s gas token.

By Shaurya MalwaAug 4, 2025

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Markets

Dogecoin, Cardano, XRP See Profit-Taking, BNB Crosses $800 as Economists See Lower Chances of July Rate Cut

The U.S. Federal Reserve remains under intense political pressure ahead of its July 30 meeting, with President Trump and some of his appointees openly calling for rate cuts despite sticky inflation.

By Shaurya MalwaJul 23, 2025

Markets

Cardano, Dogecoin, XRP Lead Market Rebound as Crypto Bets Surge Post-GENIUS Act Clearing

These assets tend to rally in tandem with ETH during periods of rising market confidence, especially when capital flows into Ethereum Layer 1s and older majors in search of beta.

By Shaurya MalwaJul 18, 2025