Cardano Ecosystem is known in the blockchain industry for its unique solution, mainly allowing developers to create token projects or even Decentralized applications. Cardano’s Ecosystem has a robust total market capitalization of around $20,391,702,578 and a total trading volume of about $1,130,769,200.
Note: This List is sorted by their market capitalization from lowest to highest
COTI Price (COTI)
- Unit Price: $0.09453
- Market Cap: $105,053,034
- Distinct Features: With the help of this platform, businesses can quickly develop cutting-edge financial products while saving time, data, and money.
COTI, the first enterprise-grade fintech platform, allows businesses to create payment systems and digitize any currency to save time and money.
One of the first blockchain protocols in the world, COTI is made for use by businesses, governments, payment DApps, and stablecoin issuers. It is optimized for decentralized payments.
The payment network is a worldwide payment system that allows customers and businesses to freely conduct financial transactions using a digital wallet, coins, and much more.
COTI is also the world’s first platform designed to produce stablecoins. The option to create one’s stablecoin gives a person back control over both their money and their data.
$COTI has a 24-hour trading volume of $6,305,705 and trades on top cryptocurrency exchanges such as Binance, BingX, Bybit, MEXC, and Phemex.
Ergo (ERG)
- Unit Price: $3.75
- Market Cap: $119,943,347
- Distinct Features: The Ergo platform intends to offer an effective, secure, and simple method for putting into place financial contracts that will be beneficial and resilient over time.
Ergo promotes itself as a self-amendable protocol that supposedly enables it to take in fresh concepts in a decentralized way and enhance itself.
Ergo is a platform for next-generation smart contracts that guarantees the financial independence of common people by providing safe, convenient, and decentralized financial instruments.
Ergo builds on the ten years of blockchain development and combines tried-and-true principles with the top peer-reviewed academic studies of cryptography, consensus models, and digital currencies.
Ergo’s smart contracts are built on the Sigma protocols. They make it possible to create a class of effective zero-knowledge protocols that let us carry out actions that would otherwise be either impossible or expensive and unsafe.
$ERG is trading on top cryptocurrency exchanges like KuCoin, Gate.io, FMFW.io, CoinEx, and ProBit Global, with a 24-hour trading volume of $3,516,422.
Nexo (NEXO)
- Unit Price: $1.03
- Market Cap: $577,285,815
- Distinct Features: As the first ever fast cryptocurrency-backed loan provider, Nexo aims to address market inefficiencies, according to its whitepaper.
Users can get quick loans guaranteed by cryptocurrencies through Nexo, a blockchain-based lending platform. Users put up a supported token, such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), or XRP (XRP), as security in exchange for a loan in fiat money or a stablecoin.
Nexo aims to develop a clientele of users who keep using the platform and continue to support NEXO. To reward customers for maintaining NEXO in their accounts, the business unveiled a loyalty program that offers them lower loan interest rates and higher savings yields. Additionally, 30% of Nexo’s earnings are paid out as dividends to owners of NEXO tokens.
Profits from interest accrued on loans support the business, providing institutional lending and consultancy services.
$NEXO has a 24-hour trading volume of $28,930,568, trading on Binance, BingX, Bybit, MEXC, and Deepcoin exchanges.
Chainlink (LINK)
- Unit Price: $6.89
- Market Cap: $3,387,818,402
- Distinct Features: Chainlink, a decentralized network, enables users to operate nodes and generate income from the vital data infrastructure necessary for the operation of blockchains.
Chainlink, a blockchain abstraction layer established in 2017, enables globally interconnected smart contracts. Chainlink, a decentralized oracle network, enables blockchains to interact securely with external data feeds, events, and payment methods while providing the crucial off-chain information required by sophisticated smart contracts, which are quickly taking over as the primary type of digital contract.
A sizable open-source community of data producers, node operators, smart contract developers, researchers, security auditors, and others powers the Chainlink Network.
The firm is committed to ensuring that all node operators and users who want to contribute to the network are assured of decentralized involvement.
$LINK has a 24-hour trading volume of $349,856,741 and trades on top cryptocurrency exchanges like Binance, OKX, BTCEX, BingX, and Bybit.
Cardano (ADA)
- Unit Price: $0.4684
- Market Cap: $16,038,882,459
- Distinct Features: The project has taken satisfaction in ensuring that every piece of technology created passes through a peer-review research procedure, allowing bold theories to be contested before they are confirmed.
Founded in 2017, Cardano is a blockchain proof-of-stake platform that claims to enable “changemakers, innovators, and dreamers” to effect beneficial global change.
The open-source initiative also seeks to “redistribute power from unaccountable structures to the fringes to individuals,” which will contribute to developing a safer, more accountable, and more just society.
The purpose of the ADA token is to guarantee that holders can take part in the management of the network. As a result, users who own cryptocurrencies have the option to vote on any modifications that are proposed for the program.
One of the major blockchains, Cardano, uses the proof-of-stake consensus process, which consumes less energy than the proof-of-work algorithm used by Bitcoin.
According to a recent announcement by Input-Output Hong Kong (IOHK), the blockchain development company behind Cardano, the Vasil upgrade, which targets to improve Cardano’s scaling capabilities and lower transaction costs, is set to launch on September 22nd.
$ADA has a 24-hour trading volume of $730,277,973 and trades on top cryptocurrency exchanges like Binance, OKX, BTCEX, Deepcoin, and Bybit.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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