ADA is known as the "Japanese Ethereum".

This round, its performance is indeed relatively weak, mainly due to: the narrative being marginalized and a slow development pace.
However, Cardano has the advantage of a license in the Japanese market as one of the few mainstream public chains that have been fully compliant for listing on Japanese exchanges. As soon as there is a large-scale influx of yen funds, ADA will be one of the top choices. Moreover, the Japanese government has a trend of relaxing Web3 regulations this year, which will directly benefit ADA.
Moreover, the penetration rate of digital currency among users in the Japan and South Korea region is high, and the level of compliance is high #美7月PPI年率高于预期# #Gate Alpha巅峰交易赛# #打榜优质内容# .