Cardano’s ADA lands spot in US Digital Asset Stockpile — Will it generate value?

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Coin Telegraph 9h ago

Cardano’s ADA lands spot in US Digital Asset Stockpile — Will it generate value? - Coin Telegraph

Quick Summary:

Cardano’s ambition as a smart contract platform is well captured by X ‘Cardano_whale,’ who outlined the blockchain’s “non-negligible fees, voting power, decentralized consensus, all native token trading paired with it.” The X post emphasizes ADA’s utility (something “most VC coins lack”) along with Cardano’s decentralized governance as key advantages.

Source: MessariRelated: Crypto fans are obsessed with longevity and biohacking: Here’s whyOther blockchain activity metrics reinforce the concern about adding ADA into a government portfolio:With 449 developers working on the blockchain, Cardano ranks 12th among blockchains in developer count, according to Electric Capital’s report.

While a capped supply can support a coin’s value and justify its inclusion in the DAS, other ADA metrics, such as fees and staking yields, lag far behind competitors. Should Cardano’s lagging activity raise concerns?