Cardano Price Today

What determines the price of Cardano?

Buyers and sellers set the ADA price through trades on Binance.US. The figure shown here reflects their latest matched trade.

Cardano uses a proof-of-stake system called Ouroboros. Community-run stake pools produce blocks, and ADA holders can delegate to a pool to help secure the network.[4]

Cardano organizes network activity into five-day periods called epochs. During each epoch, the protocol draws a set share from the remaining ADA reserve and combines it with transaction fees. The treasury receives part of this reward pot, while stake pools and delegators may receive the rest. Unclaimed rewards stay in the reserve.[1] As the reserve shrinks, each release generally becomes smaller.

Cardano's supply follows protocol rules, but demand can change quickly. Crypto market sentiment, economic news, and network use can all influence demand for ADA.

As of Nov 09, 2026, Cardano is trading at $0.18, -3.17% over the past 24 hours, moving between a low of $0.17 and a high of $0.18 on Binance.US. Over the past 7 days the price has moved -8.40%, over the past 30 days -28.09%, and over the past year -68.65%. Cardano's market capitalization stands at $6.49B on a circulating supply of 36.83B ADA, with $167.11M traded globally over the past 24 hours. These movements reflect the mechanics described above: Cardano's gradual supply growth, its reserve-funded staking rewards and treasury, and the broader macroeconomic backdrop. This is a dated read of current conditions, not a forecast; Binance.US does not publish price targets.

How Binance.US prices Cardano

Binance.US displays the price from completed ADA trades on its own order book. The figure can change whenever another buyer and seller complete a trade. Binance.US does not average prices from other exchanges or estimate the figure. Learn more about Binance.US, a regulated U.S. cryptocurrency exchange, and how it operates.

Binance.US is operated by BAM Trading Services Inc., a licensed and regulated United States cryptocurrency exchange platform that enables American residents to securely buy, sell, trade, and stake digital assets with fiat on-ramp capabilities, U.S.-based custody, and regulatory compliance. [3]

Cardano's all-time high

ADA's highest recorded price is $3.10, set on Sep 02, 2021; its lowest is $0.02, from Oct 01, 2017.

ADA reached these prices under different market conditions. Compare them with today's price to see how far the market has moved.

At the current price, ADA is -94.31% away from its record high.

Cardano market capitalization and circulating supply

Multiply the ADA price by the number of ADA in circulation and you get Cardano's current market capitalization of $6.49B, based on 36.83B ADA in circulation.

The circulating supply counts only ADA that has already been released. The protocol releases more ADA each epoch to help fund staking rewards and the treasury, but the total supply can never exceed Cardano's fixed maximum.[1]

Cardano's fully diluted valuation is $7.93B. The figure applies the current ADA price to its maximum supply, while market cap applies that price to its circulating supply. The gap between the two figures reflects the current value of ADA that has not yet entered circulation.

• Market capitalization equals price times circulating supply. The figure represents the value of all ADA in circulation at the current price.
• Fully diluted valuation applies today's ADA price to the entire maximum supply, as if all ADA were already in circulation.
• Circulating supply is the amount of ADA already released into circulation. The figure grows as the protocol draws from its reserve to fund staking rewards and the treasury. Maximum supply is the hard limit on how many ADA can ever exist.
• Dominance measures Cardano's share of the total cryptocurrency market value.

Cardano price history and key milestones

Cardano began as a research-led project in 2015. Its developers drew on peer-reviewed research to design the protocol and wrote its node software in Haskell.[4]

The Byron ledger era came first. During this period, Cardano's federated network allowed people to buy and sell ADA while the founding entities still produced blocks. The Shelley hard fork in late July 2020 introduced stake pools and delegation and shifted block production toward network participants.[5]

The Alonzo era added smart contracts. Chang later opened the Conway era and introduced on-chain governance, while Plomin completed its governance features. ADA holders can now vote directly or delegate their voting power on actions that include protocol changes and treasury withdrawals.[5] Cardano's hard fork combinator preserved the earlier blocks through these upgrades, so the ledger's history continues back to Byron.[4]

Does staking take ADA out of circulation?

No. Cardano holders can delegate ADA to a stake pool without moving it out of their own wallet. They can still spend or sell that ADA.[2]

Cardano native delegation does not lock ADA or require a minimum amount. Other networks may require an unbonding period, but Cardano delegation does not remove ADA from the supply available to trade.

Staking can affect supply through rewards. Cardano draws ADA from its reserve each epoch to help fund staking rewards. Each reserve release adds ADA to circulation and generally becomes smaller as the reserve shrinks.[1]

Binance.US offers Staking services and Soft-Staking for ADA. Soft-Staking keeps eligible ADA available to trade or withdraw, while Staking services may include bonding and processing periods. Review the current Binance.US staking terms for reward schedules, fees, and access rules.[6]