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Cardano or Solana - which cryptocurrency is worth investing in in December?



Both Cardano and Solana are two cryptocurrencies that have great potential to become a "better" Ethereum. Both experienced great hype and sharp price increases in succession in 2021. Now the two tokens of the networks can be acquired comparatively cheaply. Which cryptocurrency should you invest in?


Cardano or Solana - where are the respective tokens?

Cardano's ADA token has fallen sharply in the past few weeks. The token lost over 50% of its value during the major market correction from its all-time high in September. You can currently purchase the ADA token for $ 1.41. The Cardano network has just reached a record number of addresses. In any case, it seems like a good opportunity to buy.


Solana's SOL token price is just $ 194.41. Since its all-time high in early November, it has only lost a little more than 20% of its value. Solana impresses with its extremely high transaction speed. Compared to Cardano, Solana has held up extremely well. In the last few weeks the SOL token has even overtaken the ADA token in the market cap. 


Cardano - long-term investment makes sense

The big hype about Cardano was about 3 months ago. But the ADA token has been in the top 10 crypto currencies by market capitalization for years. The Cardano Foundation has been developing the network for years with scientific evidence. The current weak phase is therefore of little concern. 


Cardano is therefore a sensible long-term investment. The excellent growth data of the network with a record number of addresses in the blockchain shows the continuous positive development at Cardano. The smart contract functions are also constantly evolving. If you want to invest in a token for the long term, ADA is a good choice. 


Solana - Short-term gains likely 

Solana continues to have a lot of hype due to the discussed speed of transactions. An extremely large number of investors are still bullish on Solana. In addition, the network is extremely energy efficient. With a bullish overall market, the SOL token could again rise sharply in value.



If you want to make short-term profits in a continuing bull market, Solana's SOL token might be a better choice. Solana has more momentum at the moment compared to Cardano and could bring you higher returns in the event of a big rally.

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