最近对卡尔达诺（Cardano）本地代币艾达（Ada）的审查提出了有关其可行性在加密货币空间中竞争中升级的关键问题。

本文深入研究了Cardano目前的地位，探讨了其未来创新是否可以振兴其在加密货币市场中的声誉。

Recent scrutiny of Cardano’s native token, ADA, has led some to question its viability as crypto projects face increasing competition.

最近对Cardano的原住民代币ADA的审查导致一些人质疑它的生存能力，因为加密项目面临竞争的增加。

In a bid to maintain relevance, Cardano is preparing to launch several innovations that could rewrite the narrative for ADA.

为了保持相关性，卡达诺（Cardano）准备发起几项可以重写ADA叙事的创新。

Cardano, the platform for smart contracts and decentralized applications, has been a key topic in the crypto sphere. Known for its robust security and academic origins, Cardano’s performance in the decentralized finance sector remains limited compared to other platforms.

Cardano是智能合约和分散应用程序的平台，一直是加密领域的关键主题。与其他平台相比，Cardano以其强大的安全性和学术起源而闻名，在分散的金融领域的表现仍然有限。

Its TVL (total value locked) pales in comparison to leading platforms like Ethereum and Solana, which continue to draw substantial liquidity into their ecosystems.

与以太坊和索拉纳（Ethereum and Solana）等领先平台相比，它的TVL（总价值锁定）显得苍白，这些平台继续向其生态系统吸引大量流动性。

Analysts attribute this to slow development progress and difficulties in engaging a broader audience despite hype.

分析师将其归因于发展的发展进步和困难，尽管大肆宣传，但仍在吸引更多的受众。

However, Cardano is set to unveil several anticipated innovations that could potentially shift the paradigm for ADA. Among them is the possibility of an ADA ETF (exchange-traded fund), which would provide a regulated pathway for institutional investments into the Cardano ecosystem.

但是，Cardano将推出一些预期的创新，这可能会改变ADA的范式。其中包括ADA ETF（交易所交易基金）的可能性，该基金将为Cardano生态系统的机构投资提供监管的途径。

Additionally, developments regarding its integration into Bitcoin’s DeFi ecosystem may serve to enhance visibility and usage of the token.

此外，有关其集成到比特币的偏移生态系统中的发展可能有助于提高令牌的可见性和使用。

This coincides with macro-economic trends that will likely play a significant role in Cardano’s revival. Recently, ADA was included in national discussions about a federal crypto stockpile, highlighting its foundational position.

这与宏观经济趋势相吻合，这可能在Cardano的复兴中发挥重要作用。最近，ADA被包括在有关联邦加密储备的全国讨论中，强调了其基础立场。

However, the real test lies in whether Cardano can harness this attention to initiate concrete growth in user activity and network development.

但是，真正的测试在于卡尔达诺是否可以利用这种注意力来启动用户活动和网络开发的具体增长。

Investor sentiment is mixed as they consider the potential of Cardano. Many are hoping for a rally but remain cautious given ADA’s performance metrics and the broader market trends.

投资者的情绪混合在一起，因为他们考虑了Cardano的潜力。许多人希望举行集会，但考虑到ADA的绩效指标和更广泛的市场趋势，仍然谨慎。

Industry experts suggest that for ADA to return to the status of a top-5 crypto asset, improvements in its DeFi infrastructure and interoperability with other blockchains are crucial. The outlook for 2025 is cautiously optimistic, contingent upon how well Cardano can adapt and innovate in a fast-evolving market.

行业专家建议，要使ADA重返前5名加密资产的状态，其Defi基础架构的改善以及与其他区块链的互操作性至关重要。 2025年的前景非常乐观，取决于卡尔达诺在快速发展的市场中如何适应和创新的方式。