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, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money.

By Shaurya MalwaMay 6, 2025

Federal Reserve Chair Jerome Powell. (CoinDesk Archives)

Markets

Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF

A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.

By Shaurya MalwaApr 16, 2025

Markets

XRP, SOL and ADA Flash Bullish Patterns as Traders Eye Recovery

XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates.

By Shaurya Malwa, AI BoostApr 14, 2025

Watch out for a spike in key bond market index. (Pixabay)

Markets

Cardano’s Hoskinson Sees Bitcoin Touching $250K, Tech Giants Adopting Stablecoins

“You’ll have a lot of fast, cheap money, and then it’ll pour into crypto,” he said in a recent interview.

By Shaurya MalwaApr 10, 2025

Charles Hoskinson, CEO and founder of IOHK, the lead developer of Cardano.

Markets

Ripple, Solana, Cardano: How Will Trump Tariffs Impact Their Tokens?

XRP, Solana, and Cardano have each experienced a roughly 6% price decline amid broader macroeconomic pressures

By Shaurya Malwa, AI BoostApr 9, 2025

Markets

Cardano Foundation Targets $1.7B Data Breach Threat With New Privacy Tools

Alongside new platform, the foundation also launching the Veridian Wallet, a tool designed to keep personal info secure and let users prove who they are online without the usual hassles.

By Shaurya MalwaApr 4, 2025