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)
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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 September 19, 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 September 19, 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: September 19, 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 September 19, 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/