Cardano (ADA) could gain an upper hand over Solana (SOL) under certain conditions, according to analyst AM_Panic.
As the crypto market faces a downturn, he highlights three factors that could shift momentum in Cardano’s favor.
One key element is Cardano’s focus on scalability. If its network upgrades are successfully implemented, the blockchain could become a more attractive hub for decentralized applications (dApps). This increased adoption might bolster its ecosystem and enhance its standing against Solana.
Another potential advantage stems from Solana’s own challenges. If the network encounters technical setbacks or regulatory scrutiny, its valuation could suffer. A significant decline in SOL’s price would narrow the market cap gap between the two blockchains, potentially making ADA more competitive.
The third factor depends on broader industry trends. A favorable shift in regulations or a stronger bullish sentiment could work in Cardano’s favor. Some analysts believe ADA’s methodical, research-driven development approach positions it as a more stable alternative in uncertain times.
Meanwhile, Solana has encountered obstacles in recent weeks. Activity within its ecosystem, particularly in memecoins, has slowed. Pump.Fun, a key player in Solana’s surge, has seen declining engagement. Additionally, critics argue that Solana prioritizes transaction speed over decentralization, which could raise long-term concerns.
While Solana remains a dominant player, these evolving dynamics could shape the competitive landscape between the two networks in the coming months.
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in regulating memecoins—tokens often driven by internet culture, hype, and political branding.
A fresh attempt to introduce staking-based ETFs in the U.S. has run into immediate friction with regulators.
Uphold, a digital finance platform known for its crypto-friendly services, is taking new steps that could reshape how XRP holders earn passive income.
The PI token has suffered a steep decline, dropping to $0.61 after falling over 22% in just one week.