What is the current circulating supply of ADA?
Pavan DpDec 17, 2021 · 3 years ago3 answers
Can you provide information about the current circulating supply of ADA, a digital currency? I would like to know how many ADA coins are currently in circulation and how this supply is determined.
3 answers
- Dec 17, 2021 · 3 years agoThe current circulating supply of ADA is approximately 31 billion coins. This supply is determined by the Cardano blockchain protocol, which has a fixed maximum supply of 45 billion ADA. The circulating supply represents the number of coins that are actively being traded and held by users.
- Dec 17, 2021 · 3 years agoADA's circulating supply is constantly changing as new coins are minted and distributed to users. The supply is determined by the Cardano network's consensus algorithm, which ensures the accuracy and security of transactions. As more ADA coins are minted, the circulating supply increases.
- Dec 17, 2021 · 3 years agoThe current circulating supply of ADA is subject to change and can be verified on various cryptocurrency data platforms. One such platform is BYDFi, which provides real-time information about the circulating supply of ADA and other digital currencies. It's important to note that the circulating supply can also be influenced by factors such as token burns or token lock-ups by the Cardano foundation or other entities.
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