On March 2, 2025, President Donald Trump announced the inclusion of Cardano’s ADA token in the US strategic crypto reserve. This decision raised eyebrows within the crypto community, given ADA's past challenges in establishing its value and utility. Cardano, launched in 2017, adopts a research-driven approach, utilizing a delegated proof-of-stake mechanism and aims for complete on-chain governance unlike Ethereum. While some benefits of ADA include its capped supply and decentralized governance via Project Catalyst, the overall low activity of Cardano raises concerns. Data from Q4 2024 indicates that Cardano processed a mere 71,500 daily transactions compared to Ethereum's 552 million. Moreover, Cardano’s staking yield and developer engagement are lagging significantly behind competing platforms. Despite the token's inclusion, substantial doubts remain about its long-term value without improved adoption and innovation. Experts stress the necessity for developers to foster applications that attract wider audiences to enhance ADA’s relevance in future investment strategies.

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