📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
ADA stands alone against the trend: when the plummet sweeps through the encryption jungle, how can it stand atop the cliff?
The market plummets like a waterfall, with Bitcoin leading the fall and Ethereum closely following, leaving the crypto world in disarray. However, amidst this bloody deluge, a solitary island stands tall—the price curve of Cardano (ADA), surprisingly as resilient as a sturdy pine growing at the edge of a cliff, firmly establishing itself at a high of $0.92, supported by a solid base of a trading volume reaching 273 million ADA, rendering the bears' howling winds futile.
This is by no means a coincidental strength, but a defensive structure built on triple logic:
1. Ecological Advancements: The Transformation from "Academics" to "Practitioners"
Once ridiculed as a "paper chain" due to slow development, Cardano has recently undergone a crucial transformation. The successful activation of the Chang hard fork marks the official start of the Voltaire governance era—where the community truly holds financial and voice power. At the same time, the Hydra scaling solution is steadily advancing, and the Mithril protocol enhances node synchronization efficiency. While other chains are mired in technical bottlenecks, ADA is steadily nailing each chapter of its white paper into the soil of reality, with the influx of developers quietly placing it among the top three public chains.
2. Staking Moat: A "Loyalty Barrier" built with 70% of the tokens
Nearly 70% of ADA's circulating supply is actively staked, far exceeding the industry average. This means that the vast majority of holders are willing to be "long-term islanders", naturally reducing the selling pressure. Even in the face of panic selling in the broader market, a large amount of tokens remain locked in the yield pools, steadfast and unmoved. This loyalty net woven by interests makes ADA a safe haven amidst the storm.
3. Capital Underflow: The Precise Moves of Institutional "Smart Money"
Grayscale and other whale funds have recently continued to increase their holdings of ADA, and its resilience has become a consensus. The technical aspect reveals more mysteries.
As the tide recedes, the naked swimmers have nowhere to hide, while the true value islands will eventually emerge. The cliff dance of ADA is a resonance of technological implementation, community consensus, and capital will—it reminds us that islands can also be swallowed by larger tsunamis, but at least at this moment, it is uniquely resilient, carving its coordinates on the cliffs of the encryption jungle.