How Does Cardano Compare to Other Layer 1 Blockchains?
Cardano competes with other Layer 1 blockchains like Solana, Polkadot, and Avalanche. While Solana offers fast transactions, it suffers from centralization concerns and occasional outages. Polkadot focuses on interoperability, while Avalanche prioritizes speed and low fees. Cardano differentiates itself through rigorous peer-reviewed research, sustainability, and a robust staking system. As Cardano continues to refine its features and attract more users, its competitive positioning may influence the ADA price.