• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Voted Best Altcoin in Technology by Weiss Crypto

user avatar

by Giorgi Kostiuk

a year ago


  1. Voting Results
  2. Community Support
  3. Technological Distinctions

  4. Cardano has been recognized as the best altcoin in technology according to a recent poll conducted by the reputable ratings agency Weiss Crypto.

    Voting Results

    Cardano received over 76% of the votes, significantly surpassing both Ethereum (6.7%) and Solana (8.1%). The poll attracted over 7000 participants.

    Community Support

    The support from the Cardano community shows a strong belief in the platform's technological potential. Cardano's founder, Charles Hoskinson, responded to the poll results with the comment: "Nice poll".

    Technological Distinctions

    Cardano's blockchain development is based on peer-reviewed research, explaining its slow but methodical approach to upgrades and scalability. Despite high technological ratings, Cardano still lags behind Ethereum and Solana in objective metrics such as Total Value Locked (TVL), transaction volume, and real-world use cases. In decentralized finance and NFT ecosystems, Ethereum remains dominant, with Solana gaining traction due to its lower fees and faster transaction speeds. While Cardano's technological advantages are clear, there remain many hurdles to broad acceptance and practical use.

    Although Cardano has potential, many obstacles remain before it achieves broad acceptance and practical application. Only time will tell if it can catch up with Ethereum and Solana in these areas.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Chainlink Designated as Backbone for Future AI Agent Ecosystems

chest

A US patent application highlights Chainlink as the essential control layer for future AI agent ecosystems, emphasizing its role in crosschain data and computation.

user avatarArif Mukhtar

Coinbase Premium Reflects Increased Institutional Interest in Bitcoin

chest

Coinbase's premium index has turned positive, reflecting increased interest from US institutional investors in Bitcoin.

user avatarLuis Flores

AVAX Experiences a Price Surge Amid Market Recovery

chest

Avalanche (AVAX) has seen a significant price increase of 4.89% as fresh liquidity returns to the market.

user avatarMaria Gutierrez

MWXT Introduces Governance Model Focused on Transparency in Web3 Economy

chest

MWXT has introduced a governance model that prioritizes transparency over bureaucracy, aiming to deliver a system built on facts and function.

user avatarDavid Robinson

ABTC's Unique Business Model Focuses on Bitcoin Accumulation

chest

ABTC's unique business model prioritizes Bitcoin per share as a key value metric, focusing on increasing Bitcoin reserves through mining and strategic purchases.

user avatarRajesh Kumar

HUGS Introduces Play Zone and Pair Staking Features

chest

The upcoming HUGS Play Zone will offer mini-games and pair staking for enhanced engagement.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.