Cardano (ADA) has long been a prominent player in the Indian crypto market, consistently ranking high in terms of market capitalization. However, recent performance has raised concerns among investors about its future prospects. Despite being included in US President Donald Trump’s initial proposal for a national crypto stockpile, ADA’s price action and onchain activity have led some to label it a “zombie crypto.” The Cardano network’s ecosystem lags behind in decentralized finance (DeFi) adoption, with significantly lower total value locked (TVL) compared to Ethereum and Solana. This lack of liquidity and stablecoin activity has hindered Cardano’s growth in the DeFi sector, despite arguments that it is still in its early stages. As newer blockchains outpace Cardano in user engagement and trading volume, the question remains whether upcoming developments can reverse this trend. Key catalysts such as a potential ADA exchange-traded fund (ETF) and its emerging role in Bitcoin’s DeFi ecosystem could make 2025 a pivotal year for ADA. To delve deeper into Cardano’s current state and its native token, watch the full video on the Cointelegraph YouTube channel.