Base

Cardano (ADA) is one of the largest blockchains with a vast dApp ecosystem and one of crypto’s most active development communities.

Data shows that at the time of this writing in July 2024, over 70% of ADA in circulation is actively staked. That means millions of Cardano users hold and stake ADA, enhancing the network’s security and compounding profits.

Staking ADA does not require lockup periods, and users can transact ADA even while it remains staked. This level of flexibility makes Cardano’s staking mechanism unique, attracting crypto veterans and newcomers alike.

With Cardano’s rising popularity, newcomers seek to stake their tokens in some of the best Cardano staking pools.