As a native digital currency of the United States, will ADA's price surpass XRP? Good morning, everyone. In the last bull market, ADA's price exceeded XRP, but currently, it is lagging behind XRP. ADA actually has a strong surge, and recently, XRP has been very popular, and both have applied for a spot ETF.

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 traditional Proof of Work (PoW) mechanisms. Additionally, Cardano employs a layered architecture, separating the settlement layer (responsible for transactions) from the computation layer (responsible for smart contracts), which enhances scalability and throughput.

2. Experienced Team:

Cardano is developed by a team led by co-founder Charles Hoskinson. This team has extensive experience in the blockchain field and is dedicated 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 through governance participation, staking, and ecosystem development.

4. Partnerships and Use Cases:

Cardano has established partnerships with several organizations, including the Ethiopian government and New Zealand telecommunications company Spark. These partnerships and use cases demonstrate the potential of ADA in real-world applications.

5. Token Economics:

The total supply of ADA is limited to about 45 billion. This token is used to pay transaction fees, stake, and participate in governance. The limited supply and multi-purpose functionality give ADA deflationary potential.

Conclusion:

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

Finally, recently strong surging coins all have a characteristic of applying for a spot ETF. If you haven't followed my point yet, the article shares ten coins that have applied for a spot ETF, and there are some coins that can be speculated on.

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