You Won’t Believe Which Blockchain Outsmarted Ethereum (With a Little Existential Drama)

Within these inexorable and suffocating weeks, Cardano, the much-maligned child of the blockchain orphanage, finds itself—almost by accident, almost with a shrug—ascending above its 20-day moving average. The masses, listlessly gazing at charts as though searching for the meaning of life in the oscillation of candlesticks, whisper that this could signal a new era… or at least a less humiliating quarter. Who can say? The abyss stares back. 📉📈

According to the endless abyss of data—the kind only someone with a Dostoevskian penchant for self-torture would collate—Cryptometheus reports Cardano (ADA) notched 21,440 GitHub commits from 550 repositories. Ethereum, meanwhile, only amassed 20,998 commits across a mere 278 repositories—proof that quantity may not equal salvation, but it sure helps pad a résumé.

In the previous seven days, Cardano rallied 29 weary developers who pushed 228 commits, while Ethereum corralled a mere 15. Is this a surge of confidence in Cardano’s future? Or simply a feverish hustle before despair sets in? It’s hard to say. The charts nod in agreement—or maybe they just tremble. Momentum, as slippery as meaning in St. Petersburg, appears bullish.

ADA sits at $0.70, just above its 20-day exponential moving average ($0.6764) and the simple moving average ($0.6640)—shaky supports, the kind you’d write to your mother about if only she still answered letters. The short-term signals blink “buy.” The 100 and 200-day SMAs? Unswayed, staring into the bleak distance like Russian novel protagonists. Perhaps ADA’s “breakout” is nothing more than the universe mocking us. 🤔

Indicators of momentum, those inscrutable auguries, whisper possibility. The relative strength index is 56.7—a number so average it surely conceals something sinister. MACD stands at 0.0118, which, apparently, is bullish. Perhaps ADA will ascend to $0.80 if it clears the Sisyphean mountain of $0.74… unless it tumbles back to $0.61, in which case—was that not predictable all along? There! The abyss again, with a price tag.

CoinCodex’s mystics claim ADA may rise 8.88% by May 31. The so-called “Fear & Greed Index” rests at 53—precisely neutral, like a Dostoevsky hero vacillating between virtue and vodka.

Cardano’s grandiose roadmap—either a path to glory or the world’s slowest tragedy—may soon “catalyze” something. On April 19, Charles Hoskinson, swaggering onto The Angry Crypto Show, declared war on Bitcoin DeFi, vowing to make Cardano the cynosure of decentralized chance and risk. Ah, ambition! That heady vodka.

“There’s already $5.8 billion in TVL from the Bitcoin side… If you get 5% or 10% of the supply, the TVL will be larger than Solana or Ethereum.”

Hoskinson also alluded to a Bitcoin (BTC) bridge and Lace wallet integration—a bridge to somewhere, a wallet possibly containing the redeeming coin of existence.

Meanwhile, ADA spot ETF rumors gather with all the cheer and transparency of a Petersburg fog. Canary Capital, Grayscale—still waiting, still hoping, while the SEC, now with Paul Atkins at the helm, broods in its regulatory tower. Some whisper hope for a May 29th decision. Others just order another drink and stare at the charts, waiting for the inevitable existential crash. 🥃🤷

2025-05-01 17:26

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You Won’t Believe Which Blockchain Outsmarted Ethereum (With a Little Existential Drama)

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