ADA is one of the top six cryptocurrencies, with a market cap of over $21 billion. It outperformed its peers in the last seven days, gaining above 6%, where BTC, ETH, and BNB all had negative values. At the time of writing, ADA trades at $0.6098.
Yes maybe it is well established when it comes to marketcap but think about it. Among other competitors its also lag behind those earlier L1 projects in terms of price discovery and market growth. Its like an alt project with a very stable movement like stocks. So I agree that its one of the stable alts in thr choices. Not gaining massively and not dumping too much too.