• 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

Solana Faces Potential Price Pressure Amid Rising NVT Ratio

chest

Solana's NVT ratio rises, indicating potential bearish threats as market value surges faster than transaction activity.

user avatarAisha Farooq

Hash Over Cash Initiative Explores Workforce Reentry Programs

chest

The Hash Over Cash initiative aims to support workforce reentry through mining-enabled incentives.

user avatarMohamed Farouk

Jill Ford Champions Financial Literacy and Diversity in Bitcoin Mining

chest

Jill Ford, founder of BitFord Digital, advocates for financial literacy and diversity in the Bitcoin mining industry.

user avatarBayarjavkhlan Ganbaatar

BitFord's Commitment to Sustainability Amid AI Workload Demands

chest

BitFord emphasizes sustainability while exploring AI computing opportunities, advocating for responsible energy use to benefit both the company and local communities.

user avatarTenzin Dorje

Bithumb Discovers $200 Million in Dormant Assets Amid Recovery Campaign

chest

Bithumb has discovered dormant assets totaling approximately $200 million across 26 million inactive accounts as part of its annual recovery campaign.

user avatarElias Mukuru

Shorting Bitcoin: A Strategic Hedge Against Volatility

chest

Experienced traders are increasingly using shorting strategies as a temporary hedge against volatility spikes in the cryptocurrency market.

user avatarDiego Alvarez

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.