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Cryptocurrency strategists have identified a digital token that can outperform bitcoin
In his post on X, well-known crypto trader Geert van Lagen named Cardano ADA $0.88 Cardano -2.09% Market capitalization $31.68 billion VOL. 24 hours $0.22 billion as a potential leader of the current bull market. His analysis relies heavily on Cardano’s fundamental advantages over its rivals Ethereum ETH $3,310.42 Bridged Ether (StarkGate) -0.85% Market capitalization $0.3 billion VOL. 24 hours $1.48 billion and Solana SOL $183.12 Solana -0.32% Market capitalization $87.78 billion VOL. 24 hours $0.73 billion .
The analyst states: «Cardano stands out for its fundamental advantage over Ethereum and SOL, boasting greater decentralization and a notable lack of support from centralized entities like Gemini. «
Emphasizing the critical importance of network reliability, van Lagen points to Solana’s vulnerability, marked by «sporadic unexplained outages of several hours.» He contrasts this with the inherent stability of the Cardano network, which he says is «mathematically built into the Cardano ecosystem,» offering a foundation built on the rigorous scientific principles and peer-reviewed research that underpin Cardano, increasing its reliability and user trust.
It is worth noting that the Cardano blockchain and native token holds the lead in cryptocurrency development, outpacing other major digital assets, including bitcoin and ethereum. This is evidenced by data from the analytical company Santiment.
Currently, ADA enthusiasts expect the next significant growth of the cryptocurrency. According to their assumptions, ADA should jump by 1,400% at current price levels to reach the $ 7 target. Crypto experts are hopeful that such goals are achievable for the coin.