The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B.
ADA trades at about $1.33 currently.
Cardano was launched in 2017. The blockchain platform is supported by technology company IOHK (Input Output Hong Kong). It uses the Proof of Stake consensus mechanism, which is meant to reduce the energy required for the process of mining.
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Cardano (ADA) Now Is the 3rd Largest Token by Market Cap