Crypto exchange Coinbase to offer ADA staking services
Coinbase, one of the world’s largest cryptocurrency exchanges, has expanded its staking offerings to include Cardano’s native token ADA. Announcing the news on Thursday, the exchange revealed plans to add more tokens to its staking portfolio in 2022. Per the blog post, delegators can expect to earn up to 3.75% APY as the estimated annual return from staking ADA on Coinbase. Users will receive awards in their accounts every 5–7 days after the initial holding period of 20–25 days ends.
The company noted that ADA allows staking through a dedicated wallet, the process can be “confusing and complicated.” Using Coinbase service would allow users to participate and earn rewards in an “easy, secure way.” With the latest addition, Coinbase now offers staking services for Ethereum (ETH), ALGO, Cosmos (ATOM), Tezos (XTZ), and Cardano (ADA).
Launched by Ethereum co-founder Charles Hoskinson in 2017, Cardano is a layer 1 blockchain working on a proof-of-stake consensus mechanism. Proof-of-stake is a more environmentally-friendly mechanism wherein validators ‘stake’ a portion of their ADA and receives rewards in return. Cardano has jumped nearly 10%, going from $1.00 to $1.17 at the time of writing. The currency is down by 62.30% from its all-time high of $3.10 recorded in September.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 65.6% | 74 | $30 326.91 | 1.12% | -1.69% | $577 507 167 326 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 66.4% | 75 | $2 076.58 | 2.21% | -10.32% | $250 891 465 462 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999001 | 0.01% | -0.08% | $75 676 462 108 |  |
|
| 4 |  USDC |
USD Coin predictions | 96% | 1 | $1.000230 | -0.02% | -0.04% | $52 257 987 348 |  |
|
| 5 |  BNB |
Binance Coin predictions | 65.6% | 71 | $304.44 | 2.05% | -3.10% | $49 708 837 503 |  |
|
| 6 |  XRP |
XRP predictions | 66.8% | 66 | $0.435585 | 2.31% | -13.81% | $21 057 536 595 |  |
|
| 7 |  ADA |
Cardano predictions | 68.8% | 66 | $0.575630 | 2.12% | -8.16% | $19 421 209 986 |  |
|
| 8 |  SOL |
Solana predictions | 63.2% | 76 | $56.43 | 3.88% | -13.30% | $19 038 552 817 |  |
|
| 9 |  BUSD |
Binance USD predictions | 96% | 1 | $1.002005 | 0.22% | 0.35% | $18 231 060 479 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 62.4% | 73 | $0.089988 | 2.40% | -16.42% | $11 938 784 018 |  |
|
| 11 |  DOT |
Polkadot predictions | 67.2% | 74 | $11.01 | 1.97% | -0.91% | $10 874 092 462 |  |
|
| 12 |  AVAX |
Avalanche predictions | 66.4% | 75 | $34.13 | 2.44% | -22.27% | $9 183 931 187 |  |
|
| 13 |  WBTC |
Wrapped Bitcoin predictions | 67.2% | 74 | $30 349.83 | 1.15% | -1.21% | $8 599 743 334 |  |
|
| 14 |  TRX |
TRON predictions | 71.6% | 60 | $0.072402 | 4.12% | -4.60% | $7 070 299 328 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 64.8% | 75 | $0.000013 | 4.03% | -21.64% | $6 883 934 346 |  |
