How to buy Cardano?

Cardano has been one of the most talked about names in the blockchain world since the project first commenced, owing to its research-first mentality and scalable, energy-efficient network. 

If you have been following the price action and are curious as to how to buy it, this article will provide you with an overview of what Cardano is, a step-by-step guide for buying it on SunCrypto, along with an updated look at price action.

What is Cardano?

Cardano is a proof of stake platform that was founded by Ethereum co-founder Charles Hoskinson in 2015 and launched two years later. Developed in the Haskell programming language, the network follows an academically verified, peer-reviewed model when it comes to development; every major protocol upgrade undergoes academic peer review before implementation. It uses Ouroboros, one of the first proof-of-stake consensus mechanisms in the industry, and is responsible for how the network is validating transactions, without needing the energy-intensive mining process.

The native ADA crypto token, also known as the Cardano coin, is used to secure the network, reward stakers, and provide holders with a voice in on-chain governance. Over the years, the project has come through a number of hard forks, adding features like smart contracts, decentralized governance tools, and scalability improvements to create a platform with the ambition to support DeFi, digital identity, and supply-chain tracking projects.

How to buy Cardano on SunCrypto?

Purchasing Cardano coin or any cryptocurrency in India is straightforward, but choosing a reliable exchange is crucial. SunCrypto emerges as a trusted crypto exchange in the Indian crypto market, adhering to regulatory standards and providing a secure trading environment. Here’s how you can buy and trade this coin easily:  

1. Download the SunCrypto app from the Google Play Store or the Apple App Store.
2. Register and complete the KYC process, then link your bank account within the app.  
3. Deposit INR using UPI, IMPS, or a bank transfer.  
4. Search for the token in the INR market section and select it.  
5. Tap the “BUY” button, enter the desired purchase amount, and proceed by clicking “PAY.”  
6. Enter your MPIN to confirm and complete the transaction.  

Once you’ve completed your purchase, you can check your holdings in the portfolio section.

Start your SIP in ADA crypto on SunCrypto.

SunCrypto’s SIP feature allows users to invest in cryptocurrencies gradually through fixed, recurring purchases instead of making a large one-time investment. Through SIP, users can systematically accumulate popular digital assets, including Cardano (ADA), without worrying about timing the market perfectly. 

This approach helps reduce the impact of market volatility by averaging the purchase price over time, a strategy known as rupee-cost averaging. Investors can select their Cardano coin, their preferred investment amount, and monthly frequency while the platform automatically executes purchases at scheduled intervals. Moreover, users can also modify, pause, and even cancel their SIPs according to their budget without any charges.

Earn rewards on ADA Staking.

SunCrypto’s staking service allows users to earn passive rewards by locking supported cryptocurrencies and participating in blockchain network operations. One of the key assets available for staking is Cardano (ADA). By staking ADA crypto, users can get upto 1.5% APY in return. On SunCrypto, users can stake minimum 25 ADA to maximum 25000 ADA for the duration of 7 days, 14 days, 21 days, 28 days, 60 days, 120 days and lastly, 365 days. The platform simplifies the staking process by handling the technical aspects, making it easy for both new and experienced investors to participate. 

Buy, sell, and own ADA instantly

SunCrypto’s spot trading facilitates buying and selling of the ADA crypto at live market prices, where you own it instantly once the order is executed. Users can buy and sell this coin for a minimum INR margin of ₹150. 

Go long or short on ADA Futures in INR & USDT margin.

SunCrypto’s Futures Trading feature allows users to trade crypto derivatives with both INR and USDT margin options on Cardano. The platform allows eligible users to trade ADA crypto futures with the lowest INR of ₹100. Users can trade with up to 50x leverage, thus amplifying the profit potential to a great extent. Instead of purchasing the underlying asset, traders speculate on future price movements and can take either long or short positions depending on market sentiment. 

Cardano price overview and analysis

Cardano price was trading at $0.1839 at the time of writing (August 2026) and has dropped by 0.86% in an intraday session. It has a market capitalization of $6.71B and ranks 14th in the crypto market. 

Cardano price has displayed a massive selling pressure on a daily time frame. Furthermore, the bearish trend was halted near the $0.138 level and has surged by 34% in 40 days. 

Amid this bullish momentum, the price is nearing the 100-day EMA. Once the price exceeds this EMA, buyers may eye the 200-day EMA. If the price holds over the 200-days EMA, then buyers in a bunch can be attracted. Any bullish trend over the 200-day EMA can result in a strong rally, and the price can extend to the $1 mark in the next few months. 

Conversely, if the ADA price faces resistance from the 100-day EMA, then buyers may lose the momentum. Suppose the price forms any bearish candlestick pattern near the EMA; it may melt to the immediate support level of $0.150.

Final thoughts

Cardano’s research-driven approach and academically peer-reviewed development process continue to set it apart in a crowded blockchain landscape. With ADA showing renewed strength after bouncing 34% off the $0.138 support zone, the coin appears to be building momentum toward key resistance levels. However, traders should watch the 100-day and 200-day EMAs closely, as a decisive move above these levels could pave the way toward the $1 mark, while rejection may send the price back toward the $0.150 support.

For investors looking to build exposure to ADA without timing the market, SunCrypto’s SIP feature offers a disciplined way to accumulate the token over time, while the staking option (up to 1.5% APY) provides an avenue for passive income on idle holdings. Those seeking to capitalize on short-term volatility can explore ADA futures with up to 50x leverage, though this comes with proportionally higher risk.