Market Cap: US$13.92 billion
Year-over-year return: 36%
Cardano , as a crypto focuses on research and its commitment to being eco-friendly. In that proof-of-stake algorithm, designed by Cardano, the Ouroboros algorithm has been made to serve the purpose of securing energy and safety features, which attract investors geared towards a sustainable environment.
Thus, these digital assets offer stability, innovation, and growth prospects . But individual risk tolerance must be considered by the investors. And before plunging into the dynamic world of cryptos, make sure serious research is done. The future for digital assets is promising and July 2024 could mark a turning point for those who want to diversify their portfolios with cryptocurrencies.