#ADA

As a native digital currency in the United States, will the price of ada surpass xrp?

Good morning, everyone. In the last round of bull market, the price of ada surpassed xrp. It is currently lagging behind xrp. In fact, ada has exploded a lot. Recently, xrp has been very popular, and they have all applied for spot ETFs.

1. Strong technical foundation:

Cardano is based on a unique consensus mechanism called proof of stake (PoS). PoS is more energy-efficient and scalable than the traditional proof of work (PoW) mechanism. In addition, Cardano adopts a hierarchical architecture that separates the settlement layer (responsible for transactions) from the computing layer (responsible for smart contracts), thereby improving scalability and throughput.

2. Experienced team:

Cardano is developed by an experienced team led by Charles Hoskinson, co-founder of Ethereum. The team has extensive experience in the blockchain field and is committed to building a secure and scalable platform.

3. Community support:

Cardano has an active and enthusiastic community. Community members support the project and drive its growth by participating in governance, staking, and developing the ecosystem.

4. Partnerships and use cases:

Cardano has established partnerships with multiple organizations such as the Ethiopian government and New Zealand telecommunications company Spark. These partnerships and use cases show the potential of ADA coins in real-world applications.

5. Token economics:

ADA coins have a limited total supply of about 45 billion. The token is used to pay transaction fees, stake, and participate in governance. Limited supply and multiple uses give ADA coins deflationary potential.

Conclusion:

ADA coins are a cryptocurrency with a strong technical foundation, an experienced team, an active community, and growth potential. Its investment value stems from its innovative technology in the blockchain field, real use cases, and limited supply.

Finally, the currencies that have exploded recently have one feature: applying for spot ETFs. If you haven't paid attention to me yet, please pay attention. The article shares ten coins that have applied for spot ETFs, and there are still some coins that can be hyped.