cryptd.in

Alternativní LinkedIn pro talenty přátelské ke kryptoměnám

Is Cardano the Most Overvalued Crypto Project? Analysts Debate as ADA Dumps

Cardano’s development began just over a decade ago, but it took a couple of years for the actual launch. Arguably, the even more important release of smart contracts, though, came in 2021 after the highly debated Alonzo upgrade.

Its native token has become a fan favorite among many crypto investors, but there are also a substantial number of doubters and critics.

Most Overvalued Network?

Satoshi Flipper, one of the most recognizable names on Crypto X with over 240,000 followers, shared another analyst’s viewpoint on the Charles Hoskinson-founded network with the caption, “Is Cardano the most overvalued blockchain on the planet?”

The underlying analysis questions the performance of the blockchain. It cited a DeFi total value locked (TVL) number of just $128 million, which is exactly what DeFiLlama shows as of press time, as well as 24-hour DEX trading volume of just $1.3 million, $26 million worth of stablecoins on top of it, and approximately 17k active addresses.

Eye Zen Hour described this as an “incredibly small on-chain economy relative to valuation.” The valuation itself is a $9 billion market cap for Cardano’s native token, which, despite its massive decline since its peak (to be discussed later), is still a top 15 altcoin by that metric.

Consequently, Zen Hour concluded that the market will eventually have to make an important decision on Cardano and ADA, whether it’s valuing an ecosystem or “just a memory from prior cycles.”

ADA’s Memory From Past Cycles

The aforementioned Alonzo update coincided with ADA’s most impressive price surge in Q3, 2021. At the time, the token was riding high alongside the rest of the market and charted a new all-time high of just over $3. However, it turned out to be a classic sell-the-news event, and ADA has been unable to recapture its former glory.

In fact, it hasn’t even come close. During the 2025 market-wide rally, bitcoin, as well as many altcoins, managed to post new peaks. However, ADA’s high was far from its 2021 record as it couldn’t break past $1.3. It currently struggles below $0.25, which represents a mind-blowing decline of over 92% since its 2021 ATH.

Although almost all crypto assets have slumped since last October, ADA’s crash has been more than just a correction, and being 92% away from its record doesn’t sound too promising for its vast community.

Příspěvek Is Cardano the Most Overvalued Crypto Project? Analysts Debate as ADA Dumps se objevil jako první na CryptoPotato.


Komentáře

Napsat komentář

Vaše e-mailová adresa nebude zveřejněna. Vyžadované informace jsou označeny *

Nejnovější kanály

Oblíbené kategorie

Vyhledávání na webových stránkách

Populární příběhy

Štítky

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (443) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BPodrobněji (1) #BracebridgeCapital (1) #BRC20Tokeny (1) #BTCakvizice (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (71) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finanční dopady (1) #Finanční ochrana osobních údajů (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investice (1) #InvesticeZtráty (1) #JapaneseFirm (1) #LegalAction (1) #Právní dopad (1) #Legislativa (1) #LightningNetwork (1) #M Analýza trhu (3) #MMarketMonitoring (1) #MPředpověď trhu (1) #MPředpovědi trhu (1) #M tržní projekce (1) #M Podpora trhu (1) #MVolatilita trhu (1) #M Sňatek (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Praní peněz (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPředpověď (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulační tlak (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Technická analýza (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Užitečné odkazy

Odkazy, které jsem našel užitečné a chtěl jsem se o ně podělit.