
gamzeazmaini
@gamzeazmaini
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After the Alonzo hard fork on September 12, 2021, enabling smart contracts on Cardano (ADA), its price surged from $1.06 in early August to a peak of $3.10 by September 2, driven by hype. Post-launch, it dropped to $2.39 within days and later stabilized around $0.738 by March 28, 2025, reflecting a "buy the rumor, sell the news" trend. Adoption saw initial traction with over 100 smart contracts in 24 hours and 1,000+ by January 2022, alongside growing NFT markets. However, DeFi growth lagged behind competitors like Ethereum due to a steep learning curve and immature ecosystem. Market reactions were mixed: optimism pre-launch boosted ADA’s ranking, but post-launch disappointment slowed momentum. Cardano’s future hinges on dApp development and differentiation. 0 reply
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Let’s analyze the EigenLayer project’s airdrop value potential. EigenLayer enhances Ethereum’s security by enabling restaking, allowing staked ETH to secure additional protocols for higher yields (up to 5-10%). Backed by top VCs like a16z, its technical foundation leverages Ethereum’s rollup ecosystem, promising scalability and efficiency. The airdrop, launched in May 2024, distributed 15% of EIGEN tokens, with TVL exceeding $15B, signaling strong adoption. Risks include smart contract vulnerabilities, regulatory uncertainty, and token dilution from future emissions. While high reward potential exists, volatility and lockup periods warrant caution. Research thoroughly before participating. 0 reply
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