Investment firm offloads XRP holdings while maintaining Bitcoin exposure
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
Cardano (ADA) is trading at $0.1915, down 4.33% over 24 hours, with a market capitalisation of $7.18B.
| Price | $0.1915 |
|---|---|
| 24h change | -4.33% |
| Market cap | $7.18B |
| Rank | #23 |
| Maximum supply | 45,000,000,000 ADA |
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Cardano is a proof-of-stake blockchain launched in September 2017, developed with an unusually research-led process in which protocol changes are peer-reviewed before implementation. Its Ouroboros consensus was among the first proof-of-stake designs with formal security proofs.
| Launched | September 2017 |
|---|---|
| Created by | Charles Hoskinson, IOHK |
| Consensus | Ouroboros Proof of Stake |
| Supply | 45,000,000,000 ADA |
Stake is delegated to pools, and pools are selected to produce blocks in proportion to the stake behind them. Rewards are distributed each epoch, roughly every five days. Development proceeds through named eras, each targeting a specific capability.
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
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No. Cardano delegation is non-custodial and there is no lock-up period — delegated ADA stays in your wallet and remains spendable at any time, which is unusual among proof-of-stake networks.