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 ADA Rises as Altcoin Trading Volume Surges Amid Broader Rally

Cardano's native token hits a 5-month high amid global economic uncertainty and technical developments.

By Helene Braun, CD AnalyticsJul 3, 2025

Markets

Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC

The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.

By Shaurya MalwaJun 26, 2025

Markets

Bitcoin Nears $108K as Fed Rate Cut Bets Rise; Traders Eye Ether, Solana, Cardano

Bitcoin reclaimed $107,000 as retail and institutional flows return, with Powell’s rate-cut hints and risk-on sentiment lifting crypto markets.

By Shaurya MalwaJun 26, 2025

Bull (Dylan Leagh/Unsplash, modified by CoinDesk)

Markets

Cardano (ADA) Drops Below $0.57 as Sellers Regain Control

ADA dipped below key support at $0.576 despite brief intraday gains, with price ending the session near its daily low amid broad market pressure.

By Siamak Masnavi, CD AnalyticsJun 25, 2025

DA falls under $0.57 after brief move toward $0.59.

Markets

Crypto Trader Sees Bitcoin Hitting $160K by Year-End; ETH, SOL, ADA to Gain on Middle East Truce

Crypto majors recover alongside equities as ceasefire steadies risk sentiment, with analysts citing ETF flows and Fed pivot hopes as upside drivers.

By Shaurya MalwaJun 25, 2025

Markets

Ether, Solana, Cardano Spike 7% as Trump Claims to Broker Israel-Iran Ceasefire

Crypto markets bounce back after Trump’s surprise ceasefire announcement cools geopolitical tensions; traders eye altcoin rotation as weekend liquidations subside.

By Shaurya MalwaJun 24, 2025

Markets

ADA Takes a Hard Fall as Traders Feel the Heat of War in the Middle East

ADA dropped to $0.5478 amid heightened geopolitical tension, even as Ford lends its name to a blockchain legal-data pilot built on the network.

By Siamak Masnavi, CD AnalyticsJun 22, 2025

ADA 24-hour price chart showing drop from $0.586 to $0.5464 and last price at $0.5478

Markets

ADA Falls 4% on Heavy Volume, but Cardano's Upcoming Leios Upgrade Keeps Hopes Alive

ADA slid 4% in the past 24 hours, with 24-hour trading volume jumping nearly 38.4% above the 7-day average.

By Siamak Masnavi, CD AnalyticsJun 21, 2025

ADA fell 3.77% with high volume on June 21, 2025, consolidating near $0.582 support

Markets

ADA Slips Below $0.60; 24-Hour Trading Volume Jumps 30% Amid Accumulation Signs

ADA dips under key psychological support even as a 30% spike in 24-hour trading volume signals growing activity and potential accumulation.

By Siamak Masnavi, CD AnalyticsJun 19, 2025

ADA price chart showing decline to $0.5965 with consolidation near $0.60 amid rising volume

Markets

Ether, Solana, and Other Majors Could Slide Further as Trump Threatens Iran Strikes

Tensions in the Middle East are fueling a flight to safety, with traders rotating out of altcoins into stablecoins and bitcoin amid uncertainty around U.S. military escalation and sticky inflation.

By Shaurya MalwaJun 19, 2025