The fact that Cardano was in 3rd place without smart contracts proves how much this market is driven by hype.

No I’m not here to sh#t on Cardano, I’m just trying to show how much hype is important in this market.

At some point in time, Cardano was 3rd place in market capitalization behind Ethereum and Bitcoin, yet it still didn’t even have smart contracts compared to Ethereum which already had them perfected a long beforehand.

I like Cardano a lot don’t get me wrong, butI just feel like they’re very slow with development especially compared to other chains like Polygon for example.

If anything, Polygon is WAY younger than Cardano yet it still managed to get 7000+ fully functioning dApps on board a lot of which are of very high quality actually. And quiet honestly, I think a project like Polygon is more deserving of slot at the top.

Cardano has A LOT of potential if only they improve their development timing. But for the current performance, I just think they’re very overhyped. That’s just my personal take though.