$ADA is the native cryptocurrency of the Cardano blockchain, founded by Charles Hoskinson. Cardano focuses on scalability, security, and sustainability using a research-driven approach. It operates on the Ouroboros Proof-of-Stake consensus, allowing holders to stake ADA and earn rewards. The platform supports smart contracts and decentralized applications, competing with Ethereum. Strong academic backing and regular upgrades like Hydra enhance long-term potential. However, ecosystem growth and real-world adoption remain key factors for price performance. Overall, ADA’s fundamentals depend on network activity, developer growth, partnerships, and broader crypto market trends.
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