ETH to ADA conversion chart
Ethereum to Cardano correlation
According to the correlation analysis ETH and ADA have a strong relationship with each other and correlated. Whenever there is a change in the price of ETH then ADA also tends to follow the same pattern and move together.
ETH Price Change and Market Cap
Currently, the ETH price is 7089.16 ADA. According to the Ethereum price chart, the 24-hour change is 1.87%. The total market capitalization of Ethereum is $284266455 with 283304996.14 ETH in circulation. In the previous 24 hours, the Ethereum price hit highs of 7217.31 ADA and lows of 6933.85 ADA.
Ethereum Price Prediction
Ethereum is the second most valuable cryptocurrency with a market cap of over $26 Billion as of June 2020. Though there is a huge difference in price between the Ether and Bitcoin, Ethereum is one of the most profitable cryptocurrencies and has an ROI of 8,441.71%. Ethereum price hit an all-time high of $1,432.88 on January 13, 2018. At the beginning of January 2020, Ethereum price was around $130 and grew rapidly in the next few weeks to reach $282.78 in mid-February. By the end of the first quarter, Ethereum price dropped by over a hundred dollars.
In a long-term, 2025 to be more precise, Ethereum price is expected to hit the ten thousand dollar mark. By 2030, Ethereum is predicted to be traded at around $5,000. Though these predictions sound too good to be true, Ethereum has all the potential to hit those prices with adoption and Ethereum 2.0.
Ethereum Wallets
Don't have an ETH wallet yet? Check out our guide to find a perfect match.
We also recommend Trezor, CoolWallet S and Exodus, where you can keep track of live ETH prices as well as instantly exchange Ethereum in the wallet through ChangeHero swap service. Pick one which suits you the best.
ETH to ADA exchange margin
The closing conversion rate for ETH to ADA yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ETH to ADA would result in an output of 7089.16 ADA.
How to convert Ethereum to Cardano
Ethereum and Cardano comparison
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For the starters, smart contracts are pieces of code which automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum Blockchain.
Cardano is a smart contract platform working by the principle of a decentralized world computer. ADA is a cryptocurrency native to the Cardano platform. It is needed to transfer value within this network and secure it in a Proof-of-Stake algorithm. Cardano is still a work in progress. The next stages of completing the network will further decentralize the governance and enable more applications to be built.
What is Ethereum?
Ethereum revolutionized the blockchain by enabling developers to create smart contracts, self-executable programs which process transactions automatically when preset conditions were met. Also, Ethereum enables the development of decentralized applications on the blockchain. Ethereum was launched in 2014 as an open-source platform by Vitalik Buterin along with Gavin Wood, Charles Hoskinson, Anthony Di Lorio and Joseph Lubin.
Ethereum expanded the reach of the blockchain technology which was previously limited to payment systems. Ethereum is a second-generation blockchain and aims to become the “world computer” by replacing the client-server technology with nodes on the blockchain. Ethereum’s capability of hosting applications gave rise to many new tokens on the platform.
Ether is the native cryptocurrency of the Ethereum blockchain and goes with the ticker ETH. Ethereum uses the Proof-of-Work consensus algorithm for confirming transactions and securing the network. Ether is issued through mining and can be used by the developers to pay for the developing, hosting applications and also to process transactions.
Ethereum to Cardano price details
ETH to ADA Conversion Rate and Price
Currently, the conversion rate for 1 ETH equals to 7089.16 ADA. The 24-hour highest price of Ethereum in relation to ADA was 7217.31 ADA and the lowest was 6933.85 ADA. In short, ETH price in relation to ADA changed by 1.87%.
Instantly Exchange ETH to ADA
On ChangeHero you can instantly exchange Ethereum to Cardano without signup. You can easily convert ETH to ADA in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ETH to ADA exchange.
ETH to ADA Best Rate Exchange
In the the Best Rate exchange of Ethereum to Cardano, we search through various exchanges for the ETH to ADA pair and find the best rate available in the market. We provide you with an estimation of the amount of ADA you will receive.
As soon as you accept the terms and the ETH is deposited, the exchange will be automatically processed. We remind you that the final amount of ADA you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ETH to ADA.
ETH to ADA Fixed Rate Conversion
In the the Fixed Rate exchange of Ethereum to Cardano, ChangeHero finds a good rate for the pair ETH to ADA and fix the rate for up to 15 minutes. In the Best Rate exchange of ETH to ADA, you will receive the exact amount of ADA which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ADA address. ChangeHero is the best place to exchange ETH to ADA fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ETH to ADA?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange ETH to ADA?
No, you do not require an account to swap ETH to ADA on ChangeHero. There will be no registrations for your Ethereum to Cardano transaction.
Do I need to go through KYC procedures for ETH to ADA exchange?
There will be no KYC for the ETH to ADA exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ADA to ETH?
Yes, you can instantly exchange ADA to ETH on ChangeHero.
