Aylo
Crypto Researcher, Founder of Alpha Please
Cardano is large-cap vapour trending toward zero: a $7B fully diluted valuation is utterly ridiculous for a legacy infrastructure project that has delivered nothing. Everyone holding for the last six years is at a loss, and the next cycle is unlikely to repump it because retail now has more attractive frontier equities to chase. Long revenue-producing crypto assets with value accrual and short vapour infrastructure remains a good long-term trade. x.com x.comÂ
Cardano may be the most overvalued asset, with a tiny on-chain economy relative to its $9B market cap. TVL is $128M, daily DEX volume $1.3M, stablecoins $26M and active addresses about 17,000. At some point the market must decide whether it is valuing an ecosystem or just a memory from prior cycles. x.com x.com x.comÂ
Cardano is getting smoked because it pumped on the L1 narrative and hasn't been cool since 2021; even if that narrative catches a bid again, newer projects and narratives may pass it by. x.comÂ
Cardano isn't dead and can at least triple from here, since bitcoin still has at least a double left to run. ADA probably won't beat most coins this cycle. x.com x.comÂ
Crypto's maturation, alongside monetary debasement, should keep the revenue-generating and store-of-value portfolio barbell outperforming. These are its two primary drivers. x.comÂ
Crypto assets should reprice upward as purchasing power falls and nearly everything else costs more. Tokenization is still in its earliest stage and should reward patient investment in projects positioned to capture it; an altcoin portfolio centered on Ethereum and value-accrual tokens, with some Robinhood and Arc exposure, should outperform nearly everything over six to twelve months. Robinhood and Arc chains may drive much of the broader altcoin expansion. x.com x.com x.com x.comÂ
Cardano may be preparing for a bigger move than many expect: it is still holding the same level it held during the last bear market while whales keep accumulating in the background. x.comÂ
Injective faces no large early-investor unlock that could add selling pressure over the long term. All of its token supply is already circulating, with market cap equal to fully diluted value; that makes holding it a healthier long-term proposition than RWA layer-1 tokens with an unlock cliff. x.com x.comÂ
Cardano is hollow, with high costs and low usage, and the shutdown of TapTools, one of its main data and infrastructure platforms, is a leading indicator that apps will follow. It sold decentralization and research for years while deferring speed, UX and incentives, lacking the builder culture that carried Ethereum and Solana. Its value has fallen from about $95B to roughly $8B, and founder Charles Hoskinson warned more Cardano DeFi projects could die in late 2026, per Coin Bureau. x.com x.com … Show more
T. Rowe Price's approved Active Crypto ETF is an underpriced institutional shift toward public blockchains like Solana, Cardano and Avalanche. The $1.7 trillion manager will actively manage credit, staking yields and sector rotation across eligible assets rather than passively holding BTC. With DTCC also connecting tokenization infrastructure to public networks, the private-chain narrative is dead and public mainnets are becoming global settlement layers. x.comÂ
Hyperliquid is attractive because live protocols with oracle and liquidation risk can charge for ongoing risk management, giving them a potential moat. Easily copied protocols may see margins competed away. Crypto revenue continues to rise while total market cap is down nearly 40%, making good revenue-backed coins a generational long-term opportunity. Not every protocol has a moat. x.com x.com x.comÂ
