In recent years, has Cardano been successful? It depends on who you compare it to. Compared to Solana and XRP, Cardano missed strategic opportunities and failed to capture a larger market share before the regulatory bull market arrived, especially due to its insistence on a decentralized and democratic governance mechanism, which hindered its ability to establish deep connections with Wall Street capital.
However, compared to other projects, Cardano has a loyal community and reliable technology, and as a project highly recognized by Americans, it is becoming mainstream.
Examining the market from 2022 to 2025 from first principles reveals a rebalancing process: in 2022, many said Ethereum would replace Bitcoin, but by 2025, few are still saying that.
It turns out that beyond the hype in the wild world, Bitcoin remains the most accepted in the mainstream. After regulatory intervention, the main players and future trends have also become clear, and there will no longer be a situation where all coins fly together. Cardano's integration with Bitcoin DeFi is a reliable strategy.
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