• 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

Major Market Participant Sells $500 Million in ETH

chest

A major market participant, known as the Hyperunit whale, has sold approximately $500 million worth of ETH, impacting market liquidity and sentiment.

user avatarAisha Farooq

Total Crypto Market Cap Faces Weakness After Failed Breakout

chest

The total crypto market cap has seen a significant contraction following a failed breakout attempt.

user avatarTenzin Dorje

Coinbase Premium Index Indicates Potential Demand Recovery for Ethereum

chest

The Coinbase Premium Index has recently rebounded, indicating a potential shift in demand for Ethereum from US investors.

user avatarBayarjavkhlan Ganbaatar

Bitcoin's Value Stalls Against Gold Amid Quantum Computing Concerns

chest

Bitcoin's long-term value increase compared to gold has halted, coinciding with the rise of quantum computing awareness.

user avatarMohamed Farouk

Kevin O'Leary Secures $28 Million Judgment in Defamation Case Against Ben Armstrong

chest

Businessman Kevin O'Leary has won a $28 million judgment in a defamation case against YouTuber Ben Armstrong after Armstrong failed to respond to the lawsuit regarding false claims about O'Leary's involvement in a fatal boating accident.

user avatarElias Mukuru

Locked Ethereum Supply Influences Market Dynamics

chest

The increase in locked Ethereum supply is impacting market dynamics, reducing selling pressure and altering trading conditions.

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.