ADA to CAD Live Price Converter
Cardano (ADA) bills itself as a “3rd generation” blockchain-based cryptocurrency and Smart Contract ecosystem. The lead designer behind Cardano, Charles Hoskinson, used to work on Ethereum before leaving in 2017 to concentrate on his own project when it became clear that Ethereum wasn’t addressing the network’s problems. In this regard, Cardano can be seen as an immediate improvement over Ethereum. Earlier Smart Contract systems had scalability issues and could not effectively manage an increasing number of transactions. Cardano solves these and other problems. The project’s foundational development ideology prioritizes the creation of completely decentralized systems of exchange.
The native Cardano token (ADA) is named after Ada Lovelace, a 19th-century scientist and the first computer programmer. The purpose of the ADA coin is to give token holders a voice in the management of the network and a say in what gets added or changed in the system.
In the summer of 2021, ADA’s value increased by 116% after Charles Hoskinson, Cardano’s founder, announced the launch of the Alonzo hard fork. The release of Alonzo in September 2021 finally brought smart contract functionality to the blockchain. In the first 24 hours after going live, over 100 smart contracts were launched.
The developers behind Cardano claim there are already convincing use cases for their technology. For instance, Cardano has already been effectively and successfully used by farmers to track fresh food from the field to the table and retailers to prevent the sale of counterfeit goods.
Real-time ADA Price Rates in CAD
ADA Price Information
ADA Live Data
The current ADA price is $ 1.05, which is -0.56% change in the past 24 hours and 27.81% in the past 7 days. With a circulating supply of 45B, ADA’s live market cap is $ 37B. The 24-hour trading volume is $ 2.8B.
The conversion rates are calculated using the Live Cardano Price Index along with other digital asset price indices. The ADA/USD exchange rate is updated in real-time.
Bitsgap’s Cardano converter is a good place to start watching the ADA market closely and following other crypto markets' live updates.
ADA Supported Exchanges
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The exchange rate of Cardano is decreasing.
The current value of 1 ADA is 1.05 CAD. Inversely, 1.00 CAD would allow you to trade for 0.95 ADA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 27.81%. Meanwhile, in the last 24 hours, the rate has changed by -0.56%. This time last month, the value of 1 ADA was 0.49 CAD, which is a 53.64% decrease from where it is now. Looking back a year, ADA has changed by +0.53 CAD.
ADA to CAD
| Asset | Today at 11:18 AM |
| 0.5 ADA | 0.53 CAD |
| 1 ADA | 1.05 CAD |
| 5 ADA | 5.25 CAD |
| 10 ADA | 10.5 CAD |
| 50 ADA | 52.51 CAD |
| 100 ADA | 105.02 CAD |
| 500 ADA | 525.09 CAD |
| 1000 ADA | 1 050.18 CAD |
CAD to ADA
| Asset | Today at 11:18 AM |
| 0.5 CAD | 0.48 ADA |
| 1 CAD | 0.95 ADA |
| 5 CAD | 4.76 ADA |
| 10 CAD | 9.52 ADA |
| 50 CAD | 47.61 ADA |
| 100 CAD | 95.22 ADA |
| 500 CAD | 476.11 ADA |
| 1000 CAD | 952.22 ADA |
Today vs. 24 hours ago
| Asset | Today at 11:18 AM | 24 hours ago | 24H Change |
| 0.5 ADA | $0.53 | $0.53 | -0.56 % |
| 1 ADA | $1.05 | $1.06 | -0.56 % |
| 5 ADA | $5.25 | $5.28 | -0.56 % |
| 10 ADA | $10.5 | $10.56 | -0.56 % |
| 50 ADA | $52.51 | $52.8 | -0.56 % |
| 100 ADA | $105.02 | $105.61 | -0.56 % |
| 500 ADA | $525.09 | $528.03 | -0.56 % |
| 1000 ADA | $1 050.18 | $1 056.06 | -0.56 % |
Today vs. 1 month ago
| Asset | Today at 11:18 AM | 1 month ago | 1 month Change |
| 0.5 ADA | $0.53 | $0.24 | +53.64 % |
| 1 ADA | $1.05 | $0.49 | +53.64 % |
| 5 ADA | $5.25 | $2.43 | +53.64 % |
| 10 ADA | $10.5 | $4.87 | +53.64 % |
| 50 ADA | $52.51 | $24.34 | +53.64 % |
| 100 ADA | $105.02 | $48.68 | +53.64 % |
| 500 ADA | $525.09 | $243.41 | +53.64 % |
| 1000 ADA | $1 050.18 | $486.83 | +53.64 % |
Today vs. 1 year ago
| Asset | Today at 11:18 AM | 1 year ago | 1 year Change |
| 0.5 ADA | $0.53 | $0.26 | +50.08 % |
| 1 ADA | $1.05 | $0.52 | +50.08 % |
| 5 ADA | $5.25 | $2.62 | +50.08 % |
| 10 ADA | $10.5 | $5.24 | +50.08 % |
| 50 ADA | $52.51 | $26.21 | +50.08 % |
| 100 ADA | $105.02 | $52.42 | +50.08 % |
| 500 ADA | $525.09 | $262.12 | +50.08 % |
| 1000 ADA | $1 050.18 | $524.25 | +50.08 % |
Trading Bots
FAQ
The man behind Cardano is Charles Hoskinson, one of the co-founders of the Ethereum network and the current CEO of IOHK, the company responsible for creating the Cardano blockchain.
According to an interview he gave for CoinMarketCap’s Crypto Titans series, Hoskinson first got interested in crypto in 2011 and has since engaged in mining and trading. His first professional crypto venture dates back to 2013, when he developed a Bitcoin training course that ended up enrolling more than 80,000 people.
Hoskinson is a mathematician who’s very dedicated to supporting and promoting science. His software firm donated half a million dollars worth of ADA to the University of Wyoming’s Blockchain R&D Lab in 2020.
With its market cap still in the top 10, Cardano is one of the most popular cryptocurrencies. This shows that investors have a high degree of faith in the digital asset. It’s also highly liquid on all major crypto exchanges, indicating its status as one of the most actively traded coins.
Several experts in the field are sure that Cardano’s decentralized platform has everything it needs to replace Ethereum as the best ecosystem for building decentralized apps. Some even refer to it as the ‘Ethereum killer.’ Cardano’s systematic and methodical approach to development also makes its blockchain highly secure for practical uses. The ADA token’s value, market price, and trading traffic may all increase in the future if the network’s dApp ecosystem continues to flourish.
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