
BoBo-R
@bobo-r
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11 Followers
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Cardano (ADA) launched smart contracts with the Alonzo upgrade on September 13, 2021, initially spiking to $3.10. However, adoption has been slow, with only 3,811 contracts by November 2022 despite a 300% yearly rise. Market reaction turned bearish, with ADA dropping 50% against ETH by November 2021, per X posts, and now at $0.73 (March 29, 2025), reflecting hype outpacing real utility. 0 reply
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Solana’s investment appeal in high-performance blockchains stems from its technical strengths: Proof of History enables 65,000 TPS with low fees, outpacing rivals like Ethereum in scalability and efficiency. Its growing ecosystem—spanning DeFi, NFTs, and AI—drives adoption, with TVL and app revenue ($517M) signaling robust fundamentals. However, risks include centralization concerns (high validator costs, Foundation token holdings) and past outages, questioning reliability. Balancing cutting-edge tech with these trade-offs, Solana offers high reward potential but demands caution, making it attractive for risk-tolerant investors eyeing long-term growth. 0 reply
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