Troubled Fate! Cardano's ADA Launches DEX SundaeSwap, But On-Chain Congestion Sparks Criticism

The decentralized exchange SundaeSwap, launched on Cardano (ADA), announced yesterday (21) that it has officially opened its Swap feature. However, many users have complained that they did not receive the SUNDAE tokens after exchanging ADA for the project's tokens.

The Necessary Evil of Popularity?

As the sixth-largest cryptocurrency by market capitalization, Cardano (ADA) is set to launch the first decentralized exchange on its blockchain, which is expected to attract a large number of users and supporters. However, the current performance and user experience seem to be subpar.

Major releases and high traffic in a short period can indeed lead to congestion on the blockchain, highlighting the significant limitations that blockchain technology still faces. Nevertheless, high-profile project launches are not uncommon, and in general, smart contracts for decentralized exchanges are not the most difficult or complex. It is evident that projects on Cardano will need to undergo multiple stress tests to truly withstand the impact of the influx of funds.