#CardanoDebate

CardanoDebate – Is ADA Losing Its Position?

Cardano (ADA) was once hailed as the "Ethereum killer" thanks to its pioneering proof-of-stake (PoS) model and academic development philosophy. However, the community is deeply divided as the speed of dApp development is too slow, and the number of transactions and TVL are consistently surpassed by Solana, Base, and Arbitrum.

One faction argues that Cardano still has a solid technological foundation, and the Plutus smart contracts will shine as the ecosystem matures. The other faction points out that Charles Hoskinson is too focused on media, while in reality, users are not enthusiastic about ADA, and there is a lack of attractive DeFi applications.

In the context of fierce competition among altcoins, ADA may be left behind without a significant breakthrough. The price of ADA also reflects this sentiment: weaker than the average despite BTC's recovery.

🔎 Conclusion: This is not just an internal debate, but a sign that ADA needs a breath of fresh air – or it will continue to slide down the market cap rankings.