Ethereum Faces Doom: Cardano’s Frenemies Are Ready to Steal the Show!

Picture this: Cardano’s rivals—Avalanche, Solana, Polkadot, NEAR, and Algorand—are inching closer to stealing the spotlight, while Ethereum struggles with the blockchain equivalent of rush-hour traffic jams.

When Cardano’s Founder Calls Ethereum’s Clock

Cardano (ADA) just sashayed past $0.70 like it owns the place, boasting a tidy 12.2% weekly gain and hitting its highest ego boost since February 2025.

This surge comes hot on the heels of Charles Hoskinson, Cardano’s ringmaster and Ethereum co-founder-turned-cornerman, who confidently predicted Ethereum’s grand unraveling by 2040. Yes, in just about 15 years, your favorite smart-contract party might be shut down by scalability woes and governance headaches.

Cardano founder Charles Hoskinson looking like he’s seen the future

Hoskinson, who clearly keeps tabs on his old flame, pointed to Ethereum’s desperate love affair with layer-2 solutions and decentralization compromises as its Achilles heel. Think of it as a soap opera where the plot keeps getting messier but no one’s fixing the script.

“Without fundamental reform, Ethereum risks disintegration by 2040,” he declared, probably dropping his mic mid-interview.

The latest Ethereum patchwork quilt—rollups and modular scaling updates like Dencun—haven’t exactly turned the speedometer north enough. Users are still trapped in transaction traffic jams that cost an arm and a leg.

And so, enter stage left: Cardano’s rivals—Solana, Avalanche, and the rest—making moves like they just found the keys to the crypto kingdom.

Who’s Eyeing Ethereum’s Throne?

Remember, Hoskinson’s an OG Ethereum member who amicably (or not-so-amicably) parted ways to launch Cardano. His doom prophecy has sent the market into an anticipatory tizzy.

Should Ethereum keep slipping on the banana peel, these contenders are prepped to pounce, armed with rising prices, shiny new ETF filings, and enough institutional fanfare to fill a stadium.

Avalanche (AVAX)

  • Current AVAX Price: $22.43, up 12% this week—someone’s feeling frosty.
  • VanEck’s spot Avalanche ETF is now under SEC scrutiny (no pressure!).
  • Avalanche’s high-speed throughput, customizable subnets, and enterprise charm make it the cool kid at the blockchain party.

Avalanche chart showing momentum

Solana (SOL)

  • Current SOL Price: $149.23, cruising up 6.9%—because fast and flashy sells.
  • ETFs from Franklin Templeton, Grayscale, and VanEck are anxiously awaiting the SEC’s thumbs up, reportedly by October 2025.
  • Solana’s lightning-fast transactions and DeFi swag keep it firmly in investors’ hearts (and wallets).

Solana price graph ticking upward

Polkadot (DOT)

  • Current DOT Price: $4.27, a respectable 10% gain this week—steady as she goes.
  • Nasdaq’s already tossed in an application for a 21Shares Polkadot ETF, pending the SEC’s blessing.

Polkadot price momentum

NEAR Protocol (NEAR)

  • Current Price: $2.64, zooming up a surprising 21%—someone’s got jet fuel.
  • Bitwise’s NEAR ETF filing signals big leagues excitement.

NEAR price chart

Algorand (ALGO)

  • Price tag: $0.2287, up 18.8%—tiny but feisty.
  • While Europeans are enjoying Algorand ETPs, the U.S. ETF stage is still waiting in the wings.

Algorand price chart

The Big Picture

Hoskinson’s crystal-ball gazing about Ethereum grapples with real worries about whether the blockchain pioneer can keep its crown without reinventing the wheel—or at least fixing the wheels it has. Despite management reshuffles and tech updates, Ethereum looks a bit like your dad trying to use TikTok: admirable but struggling.

Meanwhile, as the regulatory fog lifts and tech quirks become selling points, those up-and-comers—Avalanche, Solana, Polkadot, NEAR, and Algorand—are sharpening their claws, ready for their shot at the throne. Get ready for the blockchain version of “Game of Thrones” (minus the dragons, but hey, who’s counting?). 🚀🔥

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2025-04-27 04:44