Share this article
BTC
$94,614.22
+
1.60%ETH
$1,793.49
+
1.45%USDT
$1.0004
+
0.00%XRP
$2.1850
+
0.10%BNB
$600.85
-
0.54%SOL
$150.60
-
0.26%USDC
$0.9999
-
0.01%DOGE
$0.1850
+
2.79%ADA
$0.7150
+
0.66%TRX
$0.2438
+
0.04%SUI
$3.5886
+
6.99%LINK
$15.02
+
0.03%AVAX
$22.40
+
1.65%XLM
$0.2878
+
4.49%SHIB
$0.0₄1461
+
5.08%LEO
$9.0667
-
2.07%HBAR
$0.1943
+
4.47%TON
$3.2240
+
0.60%BCH
$373.97
+
3.76%LTC
$86.97
+
3.44%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Cardano’s ADA Up Nearly 10% as Coinbase Adds Staking Feature
Coinbase says there’s about a 3.75% annual percentage yield on staked Cardano

Cardano’s ADA rose to its highest level since about mid-February after crypto exchange Coinbase (COIN) expanded its staking offerings to that cryptocurrency.
- “With today’s launch, Coinbase is offering an easy, secure way for any retail user to actively participate in the Cardano network and earn rewards,” Coinbase said in a blog post.
- The crypto exchange estimated that there will be about a 3.75% annual percentage yield on staked Cardano. After an initial holding period of 20 to 25 days, customers will receive awards to their account every five to seven days.
- ADA was up 9% to $1.17 on Wednesday afternoon. Crypto markets were broadly higher as well, including an 8% gain for solana, and 4.5% advances for bitcoin and ether.
Michael Bellusci
Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.
