The Ethereum community has pointed to Cardano’s ADA and Bitcoin as the two best Ethereum alternatives for storing value and enabling transactions.
in the polls that are currently being carried out, Vitalik Buterin asked his 3.1 million followers on Twitter, which among an enumerated number of tokens would be the best alternative in a hypothetical future without Ethereum.
“Poll for the Ethereum community. You wake up in 2035 and 80% of all transactions + savings in the world are in a currency other than ETH. Which one would you rather it be?” He said the Tweet.
The first survey, which has Bitcoin (BTC), Cardano (ADA), Solana (SOL), and the US dollar, has so far received nearly $560,000 in responses.
Cardano (ADA) leads, but the margin is narrow
At the time of writing, Cardano’s native token ADA had taken the lead with 41% of the vote. Pioneering cryptocurrency Bitcoin came in second place, with 40% of respondents choosing it as their preferred alternative. 13% of the responses favored Solana, and only 6% of the participants believe that the US dollar will maintain its dominance in 13 years.
Bitcoin’s position is likely due to dominance and high adoption. On the other hand, Cardano’s place could be justified by the promise its ecosystem has shown.
Santiment recently qualified for Cardano at the top of active developer activity, noting that it led with 53 daily contributors to its GitHub repository last year. Furthermore, Cardano’s 90%+ figure in monthly developer activity growth in 2021 was second only to Polygon’s 200%, according to a report Electric Capital published last week.
In addition, the release of the layer 2 scaling solution, Hydra, is expected to improve scalability and further increase the price of ADA.
Buterin pitted Binance Coin against Tron, Neo Coin, and CNY in a second poll which received some 305,000 respondents. At the time of writing, BNB was ranked third, a tie with NEO. Each of them had received 25% of the votes at the time of writing.
TRON has received the highest share of votes, with 45%, while CNY is the least preferred, with only 5%.
Dogecoin is a conspicuous absence
Several crypto communities were not amused to be left out of the survey. The co-founder of Dogecoin, for example, responded with a comment supporting the coin.
” Why $DOGE of course “, answered.
