Cardano, once a popular altcoin, is losing ground as the new project BlockDAG gains traction.
Cardano Loses Interest
Cardano (ADA) was once in the spotlight due to its academic foundation and eco-friendly staking. However, the situation has changed in 2025. Currently, ADA trades around $0.8606, nearly 50% lower than its March high, and has lost another 12% in the past month. Daily wallet growth has dropped to 1,700, totaling only 225,000 in 2025. Despite having a loyal community, Cardano is no longer attracting new interest.
BlockDAG's Successful Presale
BlockDAG, a new player in the market, has captured attention through a successful presale, raising $350 million. Over 24.3 billion BDAG coins have been sold, and the number of users has reached 18,600. With a locked price of $0.0016 until August 11 and an expected listing price of $0.05, BlockDAG demonstrates significant profit potential.
Users Flock to BlockDAG
The Cardano community is no longer growing, unlike BlockDAG, which is actively attracting users. The X1 mining app has already been downloaded over 2 million times on iOS and Android, reflecting increasing interest. BlockDAG focuses on ensuring security while rapidly advancing towards launch.
Cardano, once shaping Layer 1's landscape, is facing slowing growth and dwindling interest. Meanwhile, BlockDAG is gaining popularity daily, which may signify a shift in dynamics in the crypto market in the coming years.