The post 3 Reasons to Avoid Cardano and Consider SpacePay Instead appeared first on Coinpedia Fintech News

Crypto can kick you in the teeth when you least expect it. You think you’ve picked a winner, then six months later you’re staring at your portfolio wondering where it all went sideways. 

That’s pretty much where Cardano finds itself in 2025. All those years of academic research and fancy whitepapers? But none of that fancy research is actually paying off in the real world.

SpacePay? They’re doing something totally different. They’re building payment solutions that actually work in the real world, which lets merchants accept crypto through regular card machines. The project has pulled in over $1.2 million so far in presale.

So why is everyone talking about avoiding Cardano? And what makes SpacePay worth considering? Here’s the deal.

Cardano’s Transaction Numbers Are Pretty Weak

Here’s the thing about Cardano – the usage just isn’t there. We’re talking about roughly 17,000 transactions per day. That might sound okay until you see what everyone else is doing. Ethereum? Over a million daily transactions. Tron? Nearly nine million. Those numbers tell you everything about where developers are actually building.

The well-known YouTube channel ‘Captain Altcoin’ shared its perspective on this topic in a recent video.

The real kicker is that Cardano’s daily active users sit around 40,000 while Ethereum and Solana see hundreds of thousands every day. It’s getting tough to watch.

Think of it like this – you’ve built the perfect upscale restaurant with a famous chef, but you’re lucky if thirty customers show up each night. Meanwhile, that burger joint down the street has a line around the block. Cardano might have solid technology, but the market has clearly moved on.

The DeFi Scene on Cardano Is Basically Empty

Want to know where the smart money goes? Look at DeFi total value locked. Cardano has about $250 million locked up in its DeFi protocols. Sounds decent, right? Wrong. Ethereum has around $60 billion. Solana and Arbitrum each have billions locked up too.

Think about what this means. When people lock their money in DeFi protocols, they’re betting that platform will succeed. They’re putting their actual cash on the line. The fact that so little money is locked on Cardano tells you everything about investor confidence. 

It’s not just retail investors either – the big players, the ones who really know what they’re doing, are parking their funds elsewhere. This creates a nasty cycle where fewer projects launch on Cardano, which means even fewer users, which means even less investment.

ADA’s Price Action Has Been Terrible

Let’s talk about money. ADA was sitting around $1.30 in late 2024. Fast forward to 2025, and it’s down to about $0.70-0.80. That’s roughly 80% below its all-time high. Ouch.

Here’s what really stings though – ADA barely moves when Bitcoin rallies. Most altcoins follow Bitcoin’s lead, but ADA just sits there like a lazy dog. Meanwhile, XRP has shot above $3 during recent pumps. Even newer projects like SUI and Aptos have shown way better price action. 

When your coin can’t even catch a ride during a Bitcoin bull run, that’s a red flag bigger than a football field. It shows that traders and investors have basically given up on ADA.

SpacePay Solves Problems People Have

Now here’s where things get interesting. While Cardano remains stuck in academic theory, SpacePay is solving real-world problems. They’ve figured out how to let any merchant accept crypto payments through their existing card readers. No new hardware needed. No complicated setup. Just a simple software update.

The system works with over 325 different crypto wallets and runs on standard Android POS terminals. This means your local coffee shop could start accepting Bitcoin tomorrow without buying anything new. That’s the kind of practical thinking that gets businesses excited. 

Instead of asking merchants to completely change how they operate, SpacePay works with what they already have. It’s common sense, really – if you want crypto adoption, make it easy for people to actually use crypto.

The Economics Make Sense for Everyone

SpacePay charges 0.5% per transaction. That’s way lower than what most payment processors charge. Credit card companies typically take 2-3%, so merchants save real money by accepting crypto through SpacePay. Those savings can go straight to the bottom line or get passed on to customers.

The volatility protection is genius too. When someone pays with crypto, SpacePay instantly converts it to regular money. The merchant never has to worry about Bitcoin crashing overnight and losing money. They get paid in dollars, euros, or whatever their local currency is. 

This removes the biggest fear most businesses have about accepting crypto. They want the benefits of digital payments without the wild price swings. SpacePay gives them exactly that.

The Token Setup Actually Rewards People

https://twitter.com/SpacePayLtd/status/1946903822778966418 Here’s where SpacePay gets smart about community building. $SPY token holders get voting rights on platform decisions. They also get monthly airdrops and a cut of the platform’s revenue. That means as SpacePay grows, token holders benefit directly.

Early access to new features is another nice touch. Token holders get to try stuff before everyone else, which creates a sense of being part of something special. The quarterly webinars keep everyone in the loop about what’s coming next. 

It’s a far cry from projects that launch a token and then disappear. SpacePay is building a community that has skin in the game and gets rewarded for sticking around.

Anyone interested can join the SpacePay presale by visiting their official website. You’ll need to connect a crypto wallet like MetaMask, pick your payment method (they accept ETH, BNB, USDT, USDC, and even credit cards), and complete your purchase. 

With $SPY tokens currently priced at $0.003181, this could be worth considering for those looking at practical crypto projects with real-world applications.