Ethereum News Today: DeSoc Surpasses Cardano Stellar Ethereum in 2024 Amid Social-First Momentum

Investors are increasingly shifting focus from speculative hype to real-world utility in the cryptocurrency market, with a new breed of blockchain projects gaining traction. Among them, DeSoc has emerged as a standout contender, outpacing established names like Cardano (ADA), Stellar (XLM), and Ethereum (ETH) in late 2024. Analysts highlight DeSoc’s unique social-first approach as a key driver of its appeal, positioning it as a potential leader in decentralized communities and on-chain interaction [1].

Cardano has seen renewed interest following a 15% price increase, fueled by EMURGO’s cross-chain initiatives and the launch of a Visa-powered ADA spending card. Open interest in ADA now exceeds $1.4 billion, signaling growing institutional and retail confidence. However, analysts caution that while ADA’s price could rise to $1.80 by late 2025 under sustained growth in digital ID and education sectors, its DeFi adoption lags behind faster Layer 1 competitors [1].

Stellar (XLM) has also gained momentum, driven by PayPal’s integration of PYUSD on its blockchain and a surge in network activity exceeding 2 million daily transactions. The token briefly broke above $0.42 before correcting, while the release of Stellar Core v23.0.0rc2 has bolstered developer and institutional optimism. Long-term forecasts remain cautious, with XLM projected to stay below $0.60 for much of 2025, as limited developer growth poses challenges to keeping pace with emerging social-driven tokens [1].

Ethereum, despite a 20% price surge and $900 million in ETF inflows, faces scrutiny over its scalability limitations. At $3,655, ETH approaches yearly highs, with analysts predicting potential levels of $3,800–$4,500 by 2025 if rollup solutions gain traction. However, its dominance in smart contracts and DeFi has led to fatigue among investors seeking alternatives with clearer utility [1].

DeSoc, in contrast, has captured attention as a blockchain designed for decentralized social ecosystems. Its $SOCS token powers a self-custodial system enabling spam-resistant messaging, tipping, and algorithm voting. Unlike ADA or ETH, DeSoc avoids smart contract complexity, focusing instead on rewarding active user engagement through features like zero-gas posting and the SoulScore reputation model. Analysts argue this approach aligns with growing demand for authentic on-chain interaction, offering governance and reputation tools rarely seen in traditional DeFi projects [1].

The platform’s tokenomics prioritize value-added activity over passive holding, addressing a gap in current blockchain models. For investors seeking projects beyond speculative trends, DeSoc represents a shift toward ownership and privacy in decentralized social infrastructure. As users increasingly prioritize community-driven engagement over speculative bets, $SOCS is positioned to set a new standard in this niche [1].

Source: [1] [Best Crypto To Buy Now: DeSoc Takes The Crown Over Cardano, XLM, And Ethereum] [https://coinpedia.org/press-release/best-crypto-to-buy-now-desoc-takes-the-crown-over-cardano-xlm-and-ethereum/]