Ardor (ARDR) Moves Up 54.3% Within A Month: Will It Continue To Rise?

Ardor price today is $0.389050 USD with a 24-hour trading volume of $149,763,502 USD. Ardor is up 2.95% in the last 24 hours. The current Coin Market Cap ranking is #154, with a live market cap of $388,660,304 USD. It has a circulating supply of 998,999,495 ARDR coins and a max. supply of 998,999,495 ARDR coins. Ardor is a blockchain-as a service (BaaS) platform that allows you to create your own child chains with special settings for issuing assets.  Ardor is an evolution of the NXT blockchain, so it offers many of the advantages of its predecessor, both in functionality and scalability. 

 ARDR tokens are the main chain and the basis of the entire platform. They are used to maintain the blockchain and issue tokens for transaction fees, which is equivalent to mining in the NXT PoS protocol. Ardor uses a consensus algorithm with 100% proof of stake (PoS). This protocol allows the platform to be extremely energy efficient and not depend on expensive equipment. This makes Ardor equally suitable for public and private implementations that easily work on any desktop or mobile device.

Lora Nilsson

Finance and Business reporterAfter graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter