By November 2021, over 33 billion Cardano tokens were issued and in active circulation - getting closer to the coin's maximum supply. Similar to Bitcoin but unlike Ethereum, the ADA token has a fixed supply limit with only 45 billion cryptocurrencies being able to ever exist in the coin's lifetime. Whilst this does not necessarily mean the Cardano price will go up, a limited supply could help to fuel demand whilst the tokens are still generally available.
Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024
(in millions)
Characteristic
Supply in millions
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CCData. (August 2, 2024). Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024 (in millions) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1278987/cardano-circulating-supply/
CCData. "Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024 (in millions)." Chart. August 2, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1278987/cardano-circulating-supply/
CCData. (2024). Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024 (in millions). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1278987/cardano-circulating-supply/
CCData. "Number of Cardano (Ada) Tokens in Circulation from September 2017 to August 2, 2024 (in Millions)." Statista, Statista Inc., 2 Aug 2024, https://www.statista.com/statistics/1278987/cardano-circulating-supply/
CCData, Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024 (in millions) Statista, https://www.statista.com/statistics/1278987/cardano-circulating-supply/ (last visited August 24, 2024)
Number of Cardano (ADA) tokens in circulation from September 2017 to August 2, 2024 (in millions) [Graph], CCData, August 2, 2024. [Online]. Available: https://www.statista.com/statistics/1278987/cardano-circulating-supply/