Cardano was conceptualized by Charles Hoskinson- who was the co-founder of Ethereum. It is a smart contract platform which offers security through a layered architecture. Cardano’s approach is based on scientific knowledge and peer-viewed academic research.
Fast transactions can be ensured via using this. Researchers are devising ways and means to make this platform a hub for dominance governance system.
Cardano is one of the popular currencies and is able to make its position in the list of top 10 cryptocurrencies. The market cap is found to be 1,861,852,524 USD and the maximum supply is currently estimated to be 45,000,000,000 ADA and the trading price is evaluated as 0.07 USD.
The analysis of the past 30 days has shown that the maximum peak price was 0.09USD. The last 7 days have revealed the highest value to be 0.07 USD and the peak price recorded for April 5th was 0.08 USD.
The following values show that the market for Cardano is surging and is the most suitable time for the investors to invest maximally in Cardano.
The difficult task in for any coin is to maintain its good momentum in the market as the crypto-market is volatile and the predictions are not easy to make.
Cardano is collaborating with different firms and segments like Ledger Nano S and with AION this would provide stability to the coin and also increase in the value of prices.
The analysis of 2 years has shown that the value can rise to 5 USD, and also if the coin maintains its value for some time it will reach to 50 USD.