Chainlink & Cardano Battles To Regain Rankings Whilst PANSHIBI Launch Can 100X Say Experts
The post Chainlink & Cardano Battles To Regain Rankings Whilst PANSHIBI Launch Can 100X Say Experts appeared on BitcoinEthereumNews.com.
As Chainlink (LINK) and Cardano (ADA) scramble to reclaim their former glory in a volatile market, a new meme coin, Panshibi ($SHIBI), is stealing the Chainlink and Cardano news spotlight. Analysts are confident of at least a 100x surge post-launch. While established projects like Cardano and Chainlink grapple with technical hurdles and sluggish momentum, Panshibi’s presale frenzy and hyper-community focus position it as the breakout star of 2025. Blending the charm of memes with Asian cultural heritage and the beloved Panda signature, Panshibi has captured investor attention. Its presale success underscores this appeal. Within hours of launch, the 60-day presale, capped at $10 million, already surpassed six figures. Cardano’s Steady Progress Faces Hurdles Amid Meme Coin Frenzy According to top Cardano news pages, the network’s focus on scalability and sustainability has solidified its reputation as an “Ethereum killer.” Yet, despite milestones like the Alonzo smart contracts upgrade, ADA’s price action has lagged behind newer, hype-driven tokens. Cardano transaction volume and retail interest often stagnate during Cardano’s lengthy development cycles, leaving traders seeking faster returns elsewhere. Recent network congestion issues, though rare, have also exposed growing pains. While Cardano prioritizes security and decentralization, its cautious pace contrasts sharply with meme coins’ viral agility. Cardano network recently celebrated milestones like the Hydra scaling solution and a surge in decentralized governance proposals, ADA’s price action has disappointed investors. Despite its peer-reviewed tech, Cardano’s TVL (total value locked) of $240 million pales next to Solana’s $4 billion, raising questions about its ability to attract DeFi liquidity. Chainlink’s Oracle Dominance Tested Amid Rising Competition Chainlink, the leading decentralized oracle network, faces mounting pressure as rivals like Pyth Network and API3 carve into its market share. Despite securing partnerships with institutions like SWIFT and DTCC, LINK’s price remains stagnant, trading 85% below its 2021 all-time high.…
Filed under: News - @ January 30, 2025 3:24 pm