• 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

Potential Changes in Bitcoin Derivatives Markets Following CLARITY Act

chest

Market expert MartyParty highlights that the CLARITY Act could lead to significant changes in Bitcoin derivatives markets, enhancing CFTC authority and encouraging institutional participation.

user avatarZainab Kamara

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Castle Labs Warns of Overbuilt Crypto Market

chest

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

user avatarKofi Adjeman

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

chest

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

user avatarNguyen Van Long

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.