Cardano (ADA) drops out of the top 10 in favor of Ton

[MrSpasybo]

Dash, Eos, Polygon, Stellar, Dot
We should all know the drill by now, once something more shinny appears and drives hype up the opposite way is open for the rest!

Development that only the team wants and usage is at the lowest levels, it's 25% of its peak last year despite everything added to the chain, it's usage is on par with Litecoin right now, not even close to what others in the top 10 have on their regular days.
The moment you go fully elitist in your development and you ignore obvious usage and popularity advantages, like cheap USDT transfers that have made Tron popular with exchanges and websites, that's the moment you lose!

We've seen the failure of DASH, EOS, and XLM during the bullrun 2021 because they couldn't create a new ATH higher than their ATH in 2017. However, for POL and DOT, I think we'll have to wait until the end of 2025 to conclude their fate.

Cardano Devs usually focus on long-term technological development, accepting some drawbacks in adoption or facilitating many dApps in the ecosystem. The fact that Cardano DeFi cannot yet access USDT and USDC is the clearest evidence. I don't deny Tron success thanks to TRC-20 USDT, but I wouldn't be satisfied if IOHK wanted Cardano to change direction and only focus on short-term trends as Tron is doing.

[KryptoBull]

The competition is still fierce between ADA and Ton for the tenth place. Who do you think will win in the end?

Cardano has a carefully developed, academic technology suitable for the purposes of large corporations, but it's limited by its own caution. DeFi and other trends can't explode on Cardano.

TON has the highest speed in the market at 100k TPS and is backed by the Telegram community, but it's only famous for memecoins and the Tap2Earn trend.

In terms of technology, I prefer Cardano, but if I had to choose one native token to invest in, I would probably choose TON instead of ADA. Of course, I'm willing to allocate capital to both tokens as they both have their own potential in uptrend.

[yhiaali3]

In terms of technology, I prefer Cardano, but if I had to choose one native token to invest in, I would probably choose TON instead of ADA. Of course, I'm willing to allocate capital to both tokens as they both have their own potential in uptrend.

I agree, in terms of technology and scalability Cardano is much better if we look at the long term, but at the moment due to the huge buzz TON is making in terms of speed, cheap transactions and the huge number of applications built on Telegram, it is the best investment direction at the moment.

I expect that if it weren't for the arrest of TON's founder in France, TON would have seen much greater growth, but despite that we are seeing significant growth.

[Report]

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The competition is still fierce between ADA and Ton for the tenth place. Who do you think will win in the end?

https://coinmarketcap.com/currencies/toncoin/
I see on coinmarketcap for TON it is ranked 10th and I think if TON is not focused on system development then TON could also drop out of ranking 10. Considering that TON is a coin that was just created yesterday afternoon.

https://coinmarketcap.com/currencies/cardano/
Looking at the history of the Cardano coin, it is very old and has certainly experienced various extreme challenges and the proof is that Cardano is still strong and only stands in the top 15.

For the details of the winner, I think it depends on the team that handles these two coins, if they are serious and continue to adapt to the times then the coin will be the winner.

[yhiaali3]

Looking at the history of the Cardano coin, it is very old and has certainly experienced various extreme challenges and the proof is that Cardano is still strong and only stands in the top 15.

You need to correct your information a little, Cardano is ranked 11th and not 15th according to CoinMarketCap, it seems you didn't notice or there is a typo.

In any case, it doesn't matter whether the coin is old or new, what matters is the strength of the project and the #DevelopmentTeam  that is able to follow up on the development of the project and meet the needs of the market and overcome the problems facing the project, this is what determines the success of the project regardless of whether it is old or new.

Therefore, it is not surprising that a new coin like Ton outperforms Cardano, which is considered old in comparison.

[Stompix]

I see on coinmarketcap for TON it is ranked 10th and I think if TON is not focused on system development then TON could also drop out of ranking 10. Considering that TON is a coin that was just created yesterday afternoon.
Looking at the history of the Cardano coin, it is very old and has certainly experienced various extreme challenges and the proof is that Cardano is still strong and only stands in the top 15.

Who cares about age?
How many coins from the 2013 era are still in the top 50, not top 10? What about coisn from the 2017 wave?
Cardano will suffer the same fate as others, a lot of tech, a lot of features but little to no actual usage and adoption!

When looking at those coins you have to ask yourself, what would I use them for, and if it's just speculation then you know already how it's going to end!

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@yhiaali3
What I mean is "in the top 15" = means above the ranking of 15, 14, 13, 12, 11 to rank 1.
That means according to you TON can be better than Cardano because the team is always actively developing the technology owned by TON, rather than Cardano which is slow in updating the system, right?
@Stompix
So how can Cardano rise to compete again by overtaking TON?
For speculation, I don't think I dare to invest or trade in TON or Cardano coins because I can't afford the "loss of funds".

[MrSpasybo]

Who cares about age?
How many coins from the 2013 era are still in the top 50, not top 10? What about coisn from the 2017 wave?
Cardano will suffer the same fate as others, a lot of tech, a lot of features but little to no actual usage and adoption!

When looking at those coins you have to ask yourself, what would I use them for, and if it's just speculation then you know already how it's going to end!

Yeah, the problem with Cardano is that it's not being used for the purposes outlined in IOHK's strategy. I could even call Cardano a "hollow" blockchain, given it's experienced periods with many empty blocks.

When investors can't find any profitable investment opportunities within the Cardano ecosystem, they tend to look for more vibrant ecosystems like Arbitrum or Solana. The upside of Cardano is that the project still has a large enough treasury to continue existing and developing until blockchain becomes a critical service of the economy. We'll just have to wait and see. I'm an ADA fan, so I'm still hope that it will continue to succeed in this bullrun ^^

[Stompix]

@Stompix
So how can Cardano rise to compete again by overtaking TON?
For speculation, I don't think I dare to invest or trade in TON or Cardano coins because I can't afford the "loss of funds".

Simply, it can't!
Coins grow and some regress some lose userbase, some lose marketshare and some die, the crypt is not a magical world where everyone doubles their money, there are failures too just like in the normal world and in a decade you're going to look at a screenshot of today's market cap and wonder what 99% of the coins that are nor making it were!

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@Stompix
So how can Cardano rise to compete again by overtaking TON?
For speculation, I don't think I dare to invest or trade in TON or Cardano coins because I can't afford the "loss of funds".

Simply, it can't!
Coins grow and some regress some lose userbase, some lose marketshare and some die, the crypt is not a magical world where everyone doubles their money, there are failures too just like in the normal world and in a decade you're going to look at a screenshot of today's market cap and wonder what 99% of the coins that are nor making it were!

That means Cardano or TON one day if not seriously developed then the result will be a dead coin, right?
Because if I digest the reply to your thread I see for Cardano and TON as having a bleak future that seems to have no hope for a better life.

[Stompix]

That means Cardano or TON one day if not seriously developed then the result will be a dead coin, right?
Because if I digest the reply to your thread I see for Cardano and TON as having a bleak future that seems to have no hope for a better life.

The thing about "development" is a red herring, what you need is usage!
Look at all these coins that are slowly dying and have added as their features and take a look at what improvements Bitcoin and Doge have made in 10 years it's close to nothing, but they are still popular because that's what people want!

Everyone talks about foldable phones, yet nobody is really buying them, they look like awesome things yet they sell just as good as VR glasses, it's all nice and cool and hype but in reality, there is no real interest in it! The same will happen with every coin that doesn't have an actual utility that's just people trading it or tapping hamsters!

[Gurujebs]

That means Cardano or TON one day if not seriously developed then the result will be a dead coin, right?
Because if I digest the reply to your thread I see for Cardano and TON as having a bleak future that seems to have no hope for a better life.

What I want you to know is thag crypto is a continue process, the more a project create a solution, in thag solution there is going to be a new problem and immediately another group of people will develop another solution that will continue like that, we will be on this loop until forever, so don't be surprised when another project emerge as the best than you have said.

The founder of cadano endorse Sui 2 days ago as the best alternative to Solana, I don't know why he didn't say Ada is the best after all the hype they gave the project back in 2020, a lot of people made cool money from it and now he seems to like Sui because he was an early backer of the project.

[Report]

That means Cardano or TON one day if not seriously developed then the result will be a dead coin, right?
Because if I digest the reply to your thread I see for Cardano and TON as having a bleak future that seems to have no hope for a better life.

The thing about "development" is a red herring, what you need is usage!
Look at all these coins that are slowly dying and have added as their features and take a look at what improvements Bitcoin and Doge have made in 10 years it's close to nothing, but they are still popular because that's what people want!

Everyone talks about foldable phones, yet nobody is really buying them, they look like awesome things yet they sell just as good as VR glasses, it's all nice and cool and hype but in reality, there is no real interest in it! The same will happen with every coin that doesn't have an actual utility that's just people trading it or tapping hamsters!

the key word is in "usage", isn't it?
I also noticed that bitcoin and doge have not developed for more than 10 years but bitcoin and doge continue to be used by many so that their prices continue to rise.
What about your assumptions, are you sure that TON and Cardano will continue to be used massively for the next 10 years?

That means Cardano or TON one day if not seriously developed then the result will be a dead coin, right?
Because if I digest the reply to your thread I see for Cardano and TON as having a bleak future that seems to have no hope for a better life.

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The founder of cadano endorse Sui 2 days ago as the best alternative to Solana, I don't know why he didn't say Ada is the best after all the hype they gave the project back in 2020, a lot of people made cool money from it and now he seems to like Sui because he was an early backer of the project.

What? Are you serious that cardano founder supports sui coin? can you provide a link to a credible information website?

[Jating]

Dash, Eos, Polygon, Stellar, Dot
We should all know the drill by now, once something more shinny appears and drives hype up the opposite way is open for the rest!

Exactly and before that I don't know if you guys still remember Qtum? It was one touted way back in 2017, did have a good run that time but after that it was replaced and we never heard of it again

As for Cardano, its unique development path ensures it can't be replaced by other blockchains. The scalability and governance issues have been addressed by Hydra and Chang, and the remaining DeFi challenges can be solved soon to unlock the full potential of this powerful ecosystem. This is why I believe ADA will make a comeback in this bullrun and will once again be a worthy investment and a top 10 coin by marketcap.

Development that only the team wants and usage is at the lowest levels, it's 25% of its peak last year despite everything added to the chain, it's usage is on par with Litecoin right now, not even close to what others in the top 10 have on their regular days.
The moment you go fully elitist in your development and you ignore obvious usage and popularity advantages, like cheap USDT transfers that have made Tron popular with exchanges and websites, that's the moment you lose!

But I will say that I'm very lucky to have Cardano way back in my portfolio, I remember giving this to one of my friends but he doubt me and so he didn't invest. I keep on believing on ADA that time and so it really give me a good profits in the bull run in 2021. However, if they don't keep the hype on them, maybe, they won't get a new all time high as there are a lot of hype projects like Ton which in the last 6 months was really on the run with several projects being developed on top of them.

[MrSpasybo]

But I will say that I'm very lucky to have Cardano way back in my portfolio, I remember giving this to one of my friends but he doubt me and so he didn't invest. I keep on believing on ADA that time and so it really give me a good profits in the bull run in 2021. However, if they don't keep the hype on them, maybe, they won't get a new all time high as there are a lot of hype projects like Ton which in the last 6 months was really on the run with several projects being developed on top of them.

Yeah, competition is a given in this market and it's the driving force behind the constant evolution of blockchain technology. I'm a fan of both Cardano and Ton, and I recognize the stark differences between them: Cardano is focused on methodical development, while Ton is more open to embracing new trends like Tap-to-Earn or memecoins.

I'm not saying one approach is better than the other, they have their own paths to survival in this cutthroat market. I just believe that with IOHK expertise and massive budget, Cardano will continue to grow and ADA price won't disappoint investors. To me, Cardano is one of the blockchains destined to endure and be adopted by enterprises and large organizations in the future, in blockchain era ^^