Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
Why Cardano Is Getting Left Behind This Summer
Bitcoin holds above $64,000 while altcoins bleed, but none more than Cardano. ADA has dropped 5.7% in five days to $0.1643, underperforming even Solana and Ethereum. In this episode, we break down why Cardano is the worst performer among major layer-1s this July. From stagnating network activity and declining DeFi total value locked to the harsh macro environment of rising oil prices and rate hike fears, we examine the specific headwinds facing the Charles Hoskinson project. We also discuss whether the academic, peer-reviewed approach Cardano prides itself on still matters to traders in a…
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