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For years, Cardano (ADA) has been the cornerstone of the cryptographic landscape, regularly ranking among the best digital assets by market capitalization. However, despite its importance, Ada’s performance has let many investors call into question its long -term perspectives.
Although he recently made the front page of the newspapers for having been included in the initial proposal of American president Donald Trump for a national crypto stock, his price action and his onchain activity tell a different story – that which even led certain criticisms to qualify it as “zombie”.
The recent results suggest that the ecosystem behind Ada, the Cardano network, is considerably late in the adoption of decentralized finances (DEFI). With only a fraction of the total locked value (TVL) compared to Ethereum and Solana, Cardano is struggling to attract the activity of liquidity and stablecoin.
While some argue that its DEFI sector is still in its infancy, several more recent blockchains have exceeded it in user engagement and trading volume. The question is now whether upcoming developments can reverse the trend.
With key catalysts on the horizon, such as a potential fund on the fund negotiated by ADA (ETF) and its emerging role in the Bitcoin DEFI ecosystem, 2025 could be a central year for ADA. But will these developments be enough to turn the trend?
To discover the complete history and explore the current state of the native token of Cardano, watch the full video now on the YouTube Cointelegraph channel!
post url: https://altcoin.observer/is-cardano-ada-a-zombie-crypto/