Cardano Price Lags Behind XRP – Can ADA Reclaim Its Former Glory?
The post Cardano Price Lags Behind XRP – Can ADA Reclaim Its Former Glory? appeared on BitcoinEthereumNews.com.
Just a few months ago, Cardano (ADA) was competing neck-and-neck with XRP in terms of both market cap and token price. Back then, Cardano’s price ranged from $0.40 to $0.60, while XRP hovered in the same range. But things have changed. With XRP’s meteoric rise, will Cardano be able to match its rival, or has XRP pulled too far ahead? Cardano Price Today – Where Does ADA Stand? At the time of writing, Cardano’s price is $1, reflecting a 6.5% drop over the past week. This pullback comes as the broader crypto market faces consolidation. ADA/USD 4-hours chart – TradingView While most major cryptocurrencies have seen price corrections, ADA’s stagnation is more concerning, especially given XRP’s recent surge to $2.40. For context, XRP and Cardano were once in a close race, both trading around the $0.40 to $0.60 range. Today, however, XRP is soaring, while Cardano seems stuck. XRP/USD 4-hours chart – TradingView This performance gap has raised questions about Cardano’s growth potential. Many wonder if ADA will manage to regain its momentum or continue to lag behind in the broader crypto market. Why Is Cardano Underperforming Compared to XRP? There are several reasons why Cardano’s price is lagging behind XRP. Here’s a look at the key factors: 1️⃣ Lack of Big Catalysts: Unlike Ripple, which recently launched its RLUSD stablecoin and gained positive momentum from favorable SEC-related news, Cardano hasn’t had any major announcements to spark investor interest. Major partnerships, new launches, or development upgrades typically trigger price rallies, but Cardano has remained relatively quiet in recent weeks. 2️⃣ XRP’s Regulatory Advantage: XRP gained significant attention after positive developments in its lawsuit with the SEC, which led to a surge in XRP demand. Cardano, on the other hand, hasn’t faced regulatory scrutiny, but it also hasn’t had any major…