You read that right: The price of Cardano (ADA) has dropped back to the starting point before last year’s 'selective market rally.' In other words, all the gains from over the past year have been wiped out.
What’s even more heart-wrenching is that ADA has evaporated over $25 billion in market value this year, with a decline of 64%. Even Dogecoin (DOGE) has only dropped by 50%—ADA, once a 'public chain star,' is performing worse than a meme coin.
Now, it is close to losing its position in the top ten by market capitalization, and BCH (Bitcoin Cash) is closely chasing behind. The question arises: Why has a public chain that was once highly anticipated fallen harder than meme tokens?
The answer is: When the market heat dissipates, ADA reveals its fundamental weaknesses—stagnant user growth, a weak on-chain ecosystem, and continuous capital outflow. In simple terms, it failed to turn the 'narrative' into 'real users and locked funds.'
This actually serves as a wake-up call for all investors: in the crypto world, some coins rise based on 'technical vision,' some rely on 'community consensus,' and others purely on 'emotional speculation.' But when the tide goes out, you will find that the vast majority of assets lack the most basic thing: a stable value core.
And this 'stable core' is precisely the foundation that projects like @usddio have been building since their inception. It does not pursue flashy narratives, nor does it rely on fleeting speculative cycles, but instead ensures that behind every piece of value lies transparent and trustworthy support through algorithms and over-collateralization.
ADA's predicament tells us: assets without a stable value foundation, no matter how impressive the technology or grand the vision, can be 'brought back to reality' in a market cycle. What @usddio does is provide a form of 'unchanging value scale'—so that when ADA surges, you don't FOMO, and when ADA plummets, you don't panic, because you know that a portion of your asset allocation is always stable, predictable, and unaffected by any single project's rise or fall.
So, whether ADA falls out of the top ten isn't that important. What really matters is: in such a volatile project landscape and a market where narratives take turns, can you find those assets that truly provide 'stable value' as a ballast for navigating bull and bear markets?
@usddio may be one of the answers. It doesn't compete for rankings, but what it seeks is longer-lasting trust.
