Three factors keep Cardano from experiencing sturdy growth
is one of the most prestigious third-generation cryptocurrencies. However, even with its impressive performance on the crypto market, the altcoin's capitalization fails to stand out.
Furthermore, being a smart contract platform that has scalability should be a significant factor in making crypto skyrocket. In this way, cryptos were heavily affected by the outflow of money, and ADA was one of them. The altcoin has seen a 90% drop since its September 2021 all-time high. By way of comparison, SOL in 2022, after losing 50% of its capitalization, is still above the $10 mark, a target that ADA, even though it has a larger capitalization, has never managed to reach.Another factor that prevents Cardano from growing on the market is the failure of expectations for its updates. With the arrival of the Alonzo hard fork, for example, this became noticeably clear.
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