Is Cardano Fighting A Losing Battle Against Solana?
Cardano and Solana are the leading competitors for Ethereum as the top smart contracts platform. Their entrance into the space has been highly lauded as this will provide some much-needed diversification in the space. Activities are already underway on the Solana blockchain. However, Cardano has not had much in the way of activities on its blockchain since the launch of smart contracts capability. This has mainly been due to the fact that smart contracts capabilities debuted on the network less than two months ago and it will take some time for developers to test and deploy their....
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The Solana (SOL) ecosystem continues to see huge growth in the market. SOL price touched another record high on Sunday, November 7, as it reached $260.06. Its price is up by almost 17,500% YTD – from $1.51. SOL surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest cryptocurrency with a market capitalization of $75.4 billion. Related Reading | Is Cardano Fighting A Losing Battle Against Solana? At the time of writing, it falls behind Binance Coin (BNB) $109 billion, Ether (ETH) $546 billion, and Bitcoin (BTC) $1.17 trillion. While it is creeping closer to....
JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees than ethereum, being one of the major pull points for investors. Due to this, it is increasingly losing users to other […]
Journalist Eleanor Terrett has revealed that the SEC has requested that XRP, Solana, and Cardano ETF issuers withdraw their 19b-4 filings. This follows the commission’s approval of the generic listing standards, under which it plans to approve these funds. SEC Asks XRP, Solana, Cardano ETF Issuers To Withdraw 19b-4 Filings Terrett revealed in an X […]
Cardano has resumed on an upward movement again. The crypto which had staggered continuously for the better part of a week has finally begun to pick up steam, pushing it back up again. Solana, one of the rivals of Cardano, had successfully flipped the latter last week after SOL had hit new all-time highs continuously. At a point, Cardano had been pushed out of the top 5, courtesy of Tether and Solana. For a while, it looked as if ADA would never be able to pick itself back up from this fall. However, this would prove to not be the case. The smart contracts platform had begun posting a....
Cardano and Solana’s investment has been ramping up among institutional investors for a while now. With all of the new interest in decentralized finance (DeFi) and non-fungible tokens (NFTs), it was a natural progression for those interested in investing in the crypto market. This is why various financial services providers have been looking toward assets […]