For years, Cardano (ADA) has stood as a significant player in the cryptocurrency arena, consistently ranking among the leading digital assets by market cap. Nonetheless, despite its visibility, ADA’s performance has prompted many investors to contemplate its long-term future.
Recently, it gained attention when mentioned in a proposal by former President Donald Trump for a national crypto stockpile, but the price movements and on-chain metrics present a different narrative—one that has led some to label it a “zombie.”
Recent analyses indicate that the Cardano network, the foundation of ADA, falls notably short in terms of decentralized finance (DeFi) adoption. Its total value locked (TVL) is just a small fraction compared to that of Ethereum and Solana, making it challenging for Cardano to draw in liquidity and stablecoin transactions.
Although some believe that its DeFi environment is still in nascent stages, several newer blockchain platforms have surpassed it in terms of user activity and trading volume. The pressing question now is whether forthcoming developments can shift this trajectory.
With significant opportunities on the horizon, like a potential ADA exchange-traded fund (ETF) and its growing involvement in Bitcoin’s DeFi landscape, 2025 might prove to be a crucial year for ADA. However, will these anticipated changes be sufficient to alter its current path?
To delve deeper and gain insights into the present condition of Cardano’s native token, be sure to watch the full video on our YouTube channel!