Cardano (ADA) Nears Bitcoin by Circulating Supply: Details

By: bitcoin ethereum news|2025/05/10 09:00:10

Cardano’s path mirrors Bitcoin’s scarcity playbook Cardano’s market demand to become a key price driver With the cryptocurrency industry evolving daily, Cardano remains a major market player that has been the center of attention this week. Recent data shared by TapTools via X shows that more than 78% of Cardano’s total supply is now in circulation. Hence, it is one of the most widely distributed cryptocurrencies in the market today. Cardano’s path mirrors Bitcoin’s scarcity playbook With this milestone, Cardano (ADA) is now second only to Bitcoin in terms of circulating supply among the top ten cryptocurrencies. The high circulating supply suggests that a large percentage of ADA tokens are in the hands of the public, offering greater transparency and market stability. In contrast, most other digital assets have a large percentage of their supply locked up, creating the possibility of inflation in the future. A key point of interest in Cardano is that it has a fixed supply, like Bitcoin. You Might Also Like Hence, no additional ADA tokens will be minted beyond its maximum cap. This is a rare feature in the crypto market, as most tokens have flexible or unlimited supply models. Cardano follows Bitcoin’s philosophy of capping its supply. While Bitcoin’s supply is capped at 21 million coins, ADA’s supply is capped at 45 billion, according to CoinMarketCap data. This approach is appealing to those who hold their digital assets for the long-term value they bring. Like gold, which remains valuable over time, cryptocurrencies with a capped supply aim to achieve the same purpose. Cardano’s market demand to become a key price driver Cardano is approaching full market saturation with 78% of its supply already in circulation. Hence, genuine demand will determine ADA price movements and help lower inflationary pressure over time. By comparison, BTC’s recognized status as “digital gold” is partly due to its fixed cap and over 90% of its supply in circulation. The latest CoinMarketCap data shows that ADA trades at $0.7341 after gaining 10.97% in value over the past 24 hours. Ranked the ninth cryptocurrency based on market cap, ADA’s trading volume is $1.1 billion, up 70.7% within the same period. In addition, Cardano’s volume/market cap ratio of 4.27% indicates healthy trading activity relative to its overall size. Source: https://u.today/cardano-ada-nears-bitcoin-by-circulating-supply-details

This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...

Why Private Credit Became the First True Bridge from TradFi to DeFi

Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.

My view on blockchain has changed

In-depth Reflection on the Value of Blockchain Applications and the Time Dimension

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Why can't AI agents just swipe bank cards? An article to understand the new tiered payment system: stablecoins and blockchain are becoming the exclusive settlement language and verifiable trust foundation of the "machine economy" era.

ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."

What are the differences between RWA 1.0 and RWA 2.0?

Morning Report | a16z releases global financial new stack report; Websea's withdrawal channel suspected of running away; Strategy purchased 3,273 bitcoins last week

Overview of Important Market Events on April 27

The most Crypto group of people is becoming the least Crypto

Hong Kong Carnival × Bangkok Money 20/20 Observation Notes

MSTR STRC In-depth Study: The BTC Financing Flywheel Behind the 11.5% Yield

STRC is a well-designed financing tool that transforms fixed income demand into buying pressure for Bitcoin.

a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."

The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure

Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S

Overview of Important Market Events on April 28

From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic