Cardano $ADA is on the verge of losing its 16th spot to Chainlink.
If this trend continues, $ADA could find itself competing not with major smart contract platforms, but with stablecoins .
🚨 NEW: Charles Hoskinson is working with community leaders to launch a new Discord hub aimed at moving Cardano discussions away from X and into a more moderated environment.
Cardano $ADA completes the 6-month CME futures criteria for a standalone ETF this August. 🇺🇸
This condition was added under the new ETF listing rules, introduced last year.
Grayscale's application is still pending, potential deadline for approval would be around end of October.
If you think paying for marketing and content creators doesn’t do anything, look at what just happened to Cardano.
You’ve just witnessed the power of social engineering and narratives led by influencers & media who completely changed the public opinion of Cardano, sending the price from 24 cents to 15 cents in just a week.
Crypto is not a competition of best tech it’s a competition of public perception.
The market has repeatedly shown that being technologically superior is not enough.
Just look at Solana. Despite outages and technical issues, it climbed to the top because it captured marketing. Ethereum is still number two despite being expensive to use.
Yet Cardano still likes to believe that investors solely buy based on tech, decentralization, and infra.
”build it and they’ll come“
- they won‘t.
The majority of people buy based on public attention (marketing) and perceived upside.
Infrastructure improvements may excite developers, but developers are not the market.
I strongly believe we’re in a good place right now to really push what we have already built, but it looks like this will be yet another year we let projects and public attention die for the sake of funding even more infrastructure that won’t change a thing for the majority of the end user.
Dormant Cardano Whales Are Waking Up
Large dormant $ADA wallets have become active again after months of inactivity, Santiment reports.
Age Consumed recorded its biggest spike since April, while Mean Dollar Invested Age has started turning lower.
Historically, similar patterns have appeared near important market turning points.
$ADA is now included in the new @Nasdaq and @CMEGroup crypto index futures, alongside Bitcoin, Ethereum, and other market leaders.
The Cardano ecosystem keeps maturing, and Wall Street is noticing.
🚨 $ADA DORMANT WALLETS ARE WAKING UP
Santiment data shows Cardano just saw its biggest ADA Age Consumed spike since April, suggesting dormant supply is finally becoming active.
To all those spreading lies and FUD about Cardano.
These are all DeFi projects on Cardano and they are all performing extremely well.
Please do some research before spreading lies🫡
Weekly on-chain trading volume on Cardano is at 115m $ADA.
It's a 260% increase compared to the previous week.
Other metrics such as active traders, TVL, and trades are also up.
Nice to see.
🚄 Cardano is the Bullet Train racing ahead on the tracks, while other blockchains are still riding outdated steam engines!
People are scared — if #Cardano truly succeeds, no other blockchain will survive. Investors are burning with jealousy seeing this revolutionary, secure, scalable & sustainable technology.
The future belongs to Cardano. Time to get active, build, and stake!
@IOHK_Charles@Cardano_CF
#Midnight is coming.
#Cardano #ADA #Midnight #CardanoStrong 💪🚀
$ADA
Most people heard emotion.
I heard something else.
Leios testnet on June 23.
Bitcoin integration.
Midnight.
RealFi.
While the timeline argues,
infrastructure is still being built.
So today, I added more $ADA.
And staked it calmly.🩵
🫶@IOHK_Charles