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First Mover: Cardano's No Ethereum Killer Yet, but It's Winning in Crypto Markets

Cardano's ADA token is racking up impressive gains this year, possibly over speculation the network's early adoption of a proof-of-stake blockchain might help it win a growing share of the DeFi space.

Updated Sep 14, 2021, 8:51 a.m. Published Jun 15, 2020, 11:30 a.m.
Trevor Koverko and Charles Hoskinson (right) at CoinDesk Construct 2019 (Credit: CoinDesk archives)
Trevor Koverko and Charles Hoskinson (right) at CoinDesk Construct 2019 (Credit: CoinDesk archives)