Cardano is once again under the spotlight. The coin is stuck below $0.90, and many traders are asking if the rally is over. Elsewhere, a new Ethereum Layer 2 token called Layer Brett ($LBRETT) is picking up attention.
Built with faster transactions and lower fees, the token is gaining early traction and is already drawing users away from older networks. Analysts now debate whether ADA’s struggle marks the rise of a new player in crypto.
Cardano’s struggle may not be permanent but the pressure is real
Cardano has been trading in a tight range for weeks. Buyers tried to break the $0.90 resistance, but the move lacked volume. According to data from CoinGlass, ADA open interest is near a record high, but momentum is weak.
Large holders continue to add coins, while mid-level wallets reduce their exposure. This split indicates market confusion. Some analysts believe ADA is simply waiting for a more decisive breakout.
Others warn that the lack of volume and the shaky momentum indicators, like the MACD and RSI, could point to a coming drop. With Grayscale’s ETF plans still under review, the project needs clear news to push forward. Without it, ADA may stay under pressure while new coins take center stage.
Ada holders eye fresh ground as Layer Brett enters the scene
The weakness around Cardano has created room for newer tokens to pull investors away. Many retail traders are now talking about Layer Brett, a next-gen Ethereum Layer 2 token.
Early reports on social media show ADA holders testing $LBRETT with small allocations. Analysts note that this is a classic pattern: when older coins slow down, investors look for faster, cheaper, and younger networks that promise more upside.
One reason for the shift is the staking rewards. Layer Brett offers a 700+% APY at the presale stage, giving holders a reason to invest early. Compared to ADA’s flat price action, that number looks far more attractive.
On top of this, Layer Brett’s use of Ethereum Layer 2 scaling keeps gas fees extremely low, a problem that has hurt adoption on older blockchains.
Layer Brett presale goes viral and closes in on $5 million
Layer Brett’s presale has turned into one of the fastest-growing in recent months. Reports from the team show that the token is closing in on $5 million in early sales. At a presale price of $0.0055, the project remains accessible to small investors who want to get in early.
Crypto commentators like Sheldon the Sniper have pointed out that viral meme culture plus real blockchain use is a rare mix. Layer Brett’s story blends the fun of memecoins with a working Layer 2 network.
That explains why the presale numbers are climbing. Social media activity is also fueling the hype, with Brett trending on X and Telegram groups filling up with buyers.
Why Layer Brett could outperform ADA in September
September is shaping up to be a test for both ADA and Layer Brett. On one side, Cardano is fighting to break above $0.90 with weak buying strength. On the other hand, Layer Brett is fresh, fast, and climbing. Futures activity around ADA shows traders are still betting, but the optimism is nowhere near the viral energy around Brett.
Cardano is not dead, but its slow growth is creating opportunities for rivals. Layer Brett has entered at the right time, offering what many ADA holders have been waiting for: speed, low fees, and substantial rewards. With the presale price still at $0.0055 and viral momentum closing in on $5 million raised, $LBrett looks set to dominate September.
Layer Brett is still in its presale stages—but not for long. Don’t miss the opportunity to get in early on the most scalable meme project to ever launch on Ethereum.
Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain
Telegram: View @layerbrett
X: Layer Brett (@LayerBrett) / X
