'$ADA Whale' pojasnjuje svoj pristop k vrednotenju Cardana

A popular Cardano ($ADA) influencer has recently explained his approach to valuing the smart contract platform, pointing out he sees a contradiction between “those who really seem to believe Cardano is fundamentally overvalued” and himself.

In a series of tweets, the Cardano influencer known as “ADA whale” on the microblogging platform Twitter told his nearly 110,000 followers that those who believe Ada is overvalued “mostly appear to approach it from a technology stock valuation perspective” whereas the influencer looks at it “more in a FX [foreign exchange] valuation context.”

Per the whale, seeing cryptoassets as technology stocks would mean dumb money is attracted to Bitcoin, as the flagship cryptocurrency is “slow, doesn’t have smart contracts, [and has] little innovation” in its core business. Dumb money, it’s worth noting, is a term for capital managed by retail investors who do not have access to proper analysis and instead trade based on instinct.

The influencer noted that the market hasn’t been dominated by dumb money “for years” and as such “there is something else at play here.” They added that investors then start looking at crypto analogies for monetary and fiscal policy, security, growth, inflation, and more.

Decentralized applications, he added, are meanwhile building on top of these. Per his words, layer-1 networks are “being built as a product can be valued as stocks, with much more limited upside.”

ADA whale also noted that the currencies Switzerland, Hong Kong, and Singapore, which collectively have 0.2% of the world’s population, are all in the top 20 fiat currencies with “market cap multiples” that of Bitcoin. They concluded that currency upside “is a lot larger, but not easy to get right.”

As CryptoGlobe reported, a recently published report from Messari suggests that Cardano is being ‘aggressively priced’ ahead of the Vasil hard fork, at least when compared with rival smart contract networks that aren’t Ethereum, including Solana ($SOL), Algorand ($ALGO), Tezos ($XTZ), and $NEO.

Glede na tweet, ki ga je delil Messari, so aktivni naslovi Cardano daleč pod naslovi Solane, vendar presegajo naslove Algorand, Tezos in NEO, čeprav je obdelal okoli 62,000 dnevnih transakcij v primerjavi z več kot 296,000 od Algoranda, 208,000 od Tezosa in 174,00 za NEO. Solana dnevno obdela več kot 38 milijonov transakcij.

The tweet details that the total value locked on Cardano’s decentralized finance space is below that of Solana and Algorand, while its annualized revenue tops all other competitors except Ethereum.

Ob upoštevanju tega je Messari ugotovil, da ima Cardano »agresivno ceno«, ko gre za njegov večkratnik zaklenjene skupne vrednosti, ki temelji na vrednosti, zaklenjeni v njegovih aplikacijah DeFi, in njegov večkratnik transakcij, ki temelji na dnevnih transakcijah kriptovalute.

As CryptoGlobe reported, the total number of wallets on the Cardano ($ADA) blockchain has presegel mejnik 3.5 milijona denarnic. Predvsem število pametnih pogodb, nameščenih v omrežju Cardano je prav tako prvič v zgodovini kriptovalute dosegel nov mejnik nad mejo 3,000, saj razvijalci delajo na tem pred hard forkom Vasil.

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