Cardano（ADA）加密货币 - 当前状态和未来Outlook 2025

Cardano是第三代区块链平台，旨在解决早期加密货币面临的可扩展性，互操作性和可持续性挑战。

Specialized Report: Cardano Crypto – Current State and Future Outlook 2025

专业报告：Cardano Crypto - 当前状态和未来Outlook 2025

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Introduction to Cardano

Cardano简介

Cardano is a third-generation blockchain platform designed to address the scalability, interoperability, and sustainability challenges faced by earlier cryptocurrencies. Launched in 2017 by Charles Hoskinson, one of Ethereum’s co-founders, Cardano operates on a research-driven approach, emphasizing peer-reviewed academic rigor in its development process. The native cryptocurrency of the Cardano network is ADA, which serves as both a digital currency and a means to power smart contracts and decentralized applications (dApps) on the platform.

Cardano是第三代区块链平台，旨在解决早期加密货币面临的可扩展性，互操作性和可持续性挑战。 Cardano由以太坊的联合创始人之一查尔斯·霍斯金森（Charles Hoskinson）于2017年推出，Cardano以研究驱动的方法运作，强调了在其发展过程中经过同行评审的学术严谨性。 Cardano网络的本地加密货币是ADA，它既是数字货币，又是为智能合约和分散应用程序（DAPP）提供动力的手段。

Unlike proof-of-work networks such as Bitcoin, Cardano uses a proof-of-stake consensus mechanism known as Ouroboros, which aims to significantly reduce energy consumption while maintaining robust security. This innovation has positioned Cardano as a leading contender in the race to deliver scalable and environmentally sustainable blockchain infrastructure. The platform’s two-layer architecture—one for value transfer (Cardano Settlement Layer, CSL) and one for smart contracts (Cardano Computation Layer, CCL)—provides flexibility and enhances security for users and developers alike.

与比特币这样的工作证明网络不同，Cardano使用了称为Ouroboros的商品证明的共识机制，该机制旨在显着降低能源消耗，同时保持强大的安全性。这项创新将Cardano定位为种族中的主要竞争者，以提供可扩展且可持续的区块链基础设施。该平台的两层体系结构（用于价值传输（Cardano Settlement Layer，CSL），一个用于智能合约（Cardano Computation Layer，CCL））提供了灵活性，并增强了用户和开发人员的安全性。

As of 2025, Cardano continues to solidify its role in the decentralized finance (DeFi) and non-fungible token (NFT) sectors. The network has seen a notable increase in on-chain activity, with daily transaction volumes frequently surpassing 100,000 and total value locked (TVL) in Cardano-based DeFi projects reaching over $500 million in early 2025, according to DeFiLlama analytics defillama.com. Major upgrades, such as the Vasil hard fork in 2022 and continued enhancements to Plutus smart contracts, have improved throughput and developer experience, fostering a more vibrant ecosystem cointelegraph.com.

截至2025年，卡尔达诺（Cardano）继续巩固其在分散的金融（DEFI）和不可杀菌令牌（NFT）领域的作用。根据Defillama Analytics Defillama.com，该网络的链上活动显着增加，每日交易量经常超过100,000，总价值锁定（TVL）在2025年初的DEFI项目中，达到超过5亿美元。重大升级，例如2022年的Vasil Hard Fork，以及对Plutus智能合约的持续增强，已改善了吞吐量和开发人员的经验，促进了更加活跃的生态系统Cointelegraph.com。

Looking forward, Cardano’s roadmap outlines ambitious goals for the next several years. Key initiatives include the further decentralization of governance via the Voltaire era, the integration of sidechains to enhance interoperability, and the introduction of new scalability solutions such as Hydra, which promises to boost transaction capacity to potentially millions of transactions per second as the network matures. These developments, coupled with strategic partnerships and a global expansion of use cases—from digital identity to supply chain tracking—underscore Cardano’s vision of becoming a foundational layer for the decentralized economy of the future.

展望未来，Cardano的路线图概述了未来几年的雄心勃勃的目标。关键举措包括通过伏尔泰时代的进一步分散治理，侧层的整合以增强互操作性，以及引入新的可伸缩性解决方案（例如Hydra），该解决方案有望将交易能力提高到潜在的每秒数百万美元的交易，作为网络成熟。这些发展，加上战略合作伙伴关系和用例的全球扩展（从数字身份到供应链跟踪），cardano成为未来分散经济的基础层的愿景。

Cardano Blockchain Architecture

Cardano区块链体系结构

Cardano’s blockchain architecture is distinguished by its rigorous scientific foundation and layered design, with adaptability and long-term sustainability at its core. As of 2025, Cardano operates as a third-generation blockchain platform, aiming to surpass earlier blockchains like Bitcoin and Ethereum in scalability, interoperability, and energy efficiency. Built on the Ouroboros proof-of-stake (PoS) consensus protocol, Cardano’s architecture is designed to optimize decentralization and security while maintaining a low environmental footprint. Ouroboros has undergone several upgrades, such as Ouroboros Praos and Ouroboros Genesis, to enhance resilience against attacks and improve network throughput iohk.io.

Cardano的区块链体系结构以其严格的科学基础和分层设计为特色，其核心具有适应性和长期可持续性。截至2025年，Cardano作为第三代区块链平台运行，旨在超越比特币和以太坊等早期区块，以伸缩性，互操作性和能源效率。 Cardano的体系结构建立在Ouroboros的共识协议（POS）共识协议上，旨在优化权力下放和安全性，同时保持低环境足迹。 Ouroboros已经进行了多次升级，例如Ouroboros Praos和Ouroboros Genesis，以增强对攻击的弹性并改善网络吞吐量IOHK.IO。

The Cardano blockchain is structured in two main layers: the Cardano Settlement Layer (CSL) and the Cardano Computation Layer (CCL). The CSL is responsible for tracking ownership of ADA, Cardano’s native cryptocurrency, and processing peer-to-peer transactions. The CCL, on the other hand, supports smart contracts, decentralized applications (dApps), and tokenization. This separation allows for more flexible upgrades and improvements to each layer without disrupting the entire ecosystem cardano.org.

Cardano区块链分为两个主要层：Cardano沉降层（CSL）和Cardano计算层（CCL）。 CSL负责跟踪Cardano的本地加密货币ADA的所有权以及处理点对点交易。另一方面，CCL支持智能合约，分散应用程序（DAPP）和令牌化。这种分离允许对每一层进行更灵活的升级和改进，而不会破坏整个生态系统Cardano.org。

Recent architectural enhancements, notably the implementation of Hydra—a layer-2 scaling solution—are projected to significantly boost transaction throughput, potentially reaching over one million transactions per second as the network matures. Hydra empowers developers to deploy “heads” or subnets that process transactions off-chain, alleviating congestion and reducing fees on the main chain. These advancements are crucial as Cardano anticipates increased adoption in decentralized finance (DeFi), NFTs, and real-world asset tokenization throughout 2025 and beyond www.coindesk.com.

最近的架构增强功能，特别是Hydra的实施（一种层2缩放解决方案）预计会显着增强交易吞吐量，随着网络成熟，每秒可能超过每秒100万笔交易。 HYDRA使开发人员能够部署“头”或子网，以处理交易的链接，减轻交易，从而减轻交易并减少主链的费用。这些进步至关重要，因为Cardano预计在整个2025年及以后的www.coindesk.com中，分散的金融（DEFI），NFTS和现实世界中的资产代币化的采用量会增加。

Looking forward, Cardano’s roadmap for the next few years includes further decentralization (via the Voltaire governance upgrade), enhanced interoperability through sidechains, and broader integration with traditional financial systems. The platform’s reliance on peer-reviewed research and formal verification continues to attract institutional interest, especially as regulatory frameworks evolve globally. With these architectural innovations and a strong developer ecosystem, Cardano is positioned to remain a significant player in the blockchain space through 2025 and into the following years www.cryptobriefing.com.

展望未来，Cardano在接下来的几年中的路线图包括进一步的权力下放（通过Voltaire治理升级），通过Sidechains增强的互操作性以及与传统金融系统的更广泛集成。该平台依赖于同行评审的研究和正式验证继续吸引机构兴趣，尤其是随着法规框架在全球的发展。凭借这些建筑创新和强大的开发人员生态系统，Cardano有望在2025年到接下来的几年保持区块链领域的重要参与者。

ADA Token Overview

ADA令牌概述

The ADA token is the native cryptocurrency of the Cardano blockchain, a third-generation decentralized platform that aims to balance scalability, interoperability, and sustainability. As of 2025, ADA remains among the top 10 cryptocurrencies by market capitalization, with a circulating supply exceeding 35 billion tokens out of a maximum capped supply of 45 billion. This fixed

ADA令牌是Cardano区块链的本地加密货币，Cardano区块链是第三代分散平台，旨在平衡可扩展性，互操作性和可持续性。截至2025年，ADA仍然是市值的十大加密货币之一，循环供应超过350亿个令牌，最高上限的供应量为450亿。这是修复的