Name : Cardano (ADA)
ADA Price : $0.88100 +2.33%
Consensus Mechanism : Proof of Stake
Volume: 1,271,689,476
Market Cap: 31,544,930,054
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2025
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Overview
Cardano is a next-generation proof-of-stake blockchain platform designed for changemakers, innovators, and visionaries, aiming to drive positive global change through secure, transparent, and sustainable technology. It is the first blockchain built on peer-reviewed research and developed with evidence-based methods, combining formal verification processes with agile adaptability. Powered by the pioneering Ouroboros consensus protocol and developed in the Haskell programming language, Cardano delivers high levels of security, scalability, and sustainability. The platform restores trust to global systems by enabling transparent transactions, decentralized governance, and sustainable solutions, while its unique extended UTXO model and multi-signature validation enhance security and functionality. Ouroboros ensures scalability with minimal energy consumption, using advanced approaches such as multi-ledgers, side chains, and multi-party state channels, making Cardano one of the most environmentally sustainable blockchain platforms. With robust foundations, Cardano supports decentralized applications, governance structures, and enterprise solutions, providing developers with the tools and resources to build within a thriving and evidence-backed ecosystem.
Whitepaper & Documents
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