Cardano operates on a Proof-of-Stake (PoS) consensus mechanism called Ouroboros, which enhances security and energy efficiency. Unlike Bitcoin’s Proof-of-Work (PoW) model, which requires extensive computational power, PoS allows ADA holders to stake their coins and participate in network validation. This staking process encourages long-term holding, reducing market volatility and positively impacting ADA’s value. Additionally, as staking becomes more popular, demand for ADA increases, further driving up its price. Investors keen on observing ADA’s market behavior can check the latest ADA price to make informed decisions.