Cardano (ADA) is experiencing difficulties as investor interest shifts towards Ethereum (ETH) and the meme coin Little Pepe (LILPEPE). ADA is currently trading near $0.40, a decline from its 2025 highs, following a network glitch and a poisoned transaction attack on November 21. This incident led Upbit to pause ADA deposits and withdrawals.
Meanwhile, Ethereum remains stable at $2,764, buoyed by institutional interest and the upcoming Fusaka update in December. The market sentiment is increasingly favoring ETH and LILPEPE, with the latter raising $27.5 million in its presale, supported by a custom Layer-2 blockchain and attractive staking yields.
Cardano Faces Setbacks as Ethereum and Little Pepe Gain Traction
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