in terms of network, maybe Cardano can be a competitor that is quite difficult for ethereum. but for the price, I don't think it's possible. ADA seems to me to be stable, no big increase even during bull market. maybe this is one of the ironies for me, unlike terra, Solana, Polkadot, Bnb, or Avalanche which yesterday flew very high. ADA only went up 2x, and for me it's still lacking. ADA should be higher than that.
ADA is not a meme coin that can go up many times over. Of course, to continue to rise and follow a large ecosystem, there will be no improvement. If we refer to ADA activities for the long term I think this can be measured quite well. Long term can be more effective than waiting for a temporary increase that only compares it with other coins. Why not like Solana, Terra and BNB? because basically ADA is still having trouble building its own network, so few projects have been launched. Please note that since the Bullrun ADA has given advantages to those who took entries long ago.
