When the market ignores decentralization, can Cardano $ADA succeed? #山寨币热点
1. The market gradually ignores decentralization
Still facing issues such as most users relying on CEX staking and a few large pools exerting pressure.
2. Economic issues of decentralization
Whether PoW or PoS, as long as the rules allow, money can buy power, and the system will develop towards centralization.
3. Current status and challenges of Cardano's decentralization
Cardano has a relatively large number of staking participants, but most stake through exchanges, and the proportion of users self-staking (self-custody) remains low.
4. Trade-off between decentralization and scalability
The market has high demands for TPS, low fees, and user experience. If Cardano does not rapidly enhance scalability, the L2 ecosystem may struggle to break through mainnet limitations, and enhancing decentralization must also consider scaling: projects like Hydra, Midgard, and Ouroboros Leios are key technological supports.
5. Stablecoins and RWA as key entry points
Cardano has not established an influential stablecoin, and lacks concentrated liquidity, making it difficult to attract more DeFi ecosystems and on-chain transactions. The tokenization of real-world assets (RWA) is rapidly growing, e.g., Ethereum dominates; if Cardano does not achieve at least a 10% market share, it may miss significant opportunities for financial adoption.
6. The double-edged sword of L2 ecosystem development
L2 helps reduce the burden on the mainnet, but if it disperses power and undermines network effects, it may weaken Cardano's appeal as a central layer (L1).
7. The long road of education, users, and adoption
Decentralization requires widespread education and an increase in self-custody awareness to truly promote mainnet stability and activation. If users prefer platforms with high TPS and low thresholds, Cardano needs to strengthen user experience and social applications, in addition to decentralization, to provide universal value.
✅ Conclusion
Strengthen user education, enhance self-management awareness and staking participation;
Rapidly advance scalable solutions (such as L2, etc.), balancing performance and mainnet economy;
Combine stablecoins and RWA applications to build a foundation of liquidity and practicality;
Balance the roles and revenue-sharing structures of L1/L2 to maintain network security and economic sustainability.
