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$ADA has stood still for eight years—bought in 2017 and held until now, its price has barely changed. The main reason is that $ADA has failed to develop an independent narrative. Meanwhile, $BTC and $ETH have each surged multiple times; Cardano’s academic approach has not translated into sustained capital inflows. This zombie-like price action isn’t unique among older coins, but $ADA still ranks among the top by market cap, indicating the market is still waiting for it to deliver—rather than believing it already has.

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