## The Deadly Pain Point of DOGE: Popular but Useless

Speaking of Dogecoin, it’s indeed impressive. Its market cap has soared to over $20 billion, firmly ranking in the top ten cryptocurrencies. For a project that originated as a joke in 2013, this is already a miracle.

But here’s a painful question: Is DOGE really useful? Honestly, not really.

## Why DOGE’s Technology Has Shortcomings

Currently, there are thousands of cryptocurrencies in the market, most of which can perform lightning-fast transfers on their respective networks or connect to other efficient public chains. DOGE also has its own chain, but technically, it’s quite ordinary — only capable of processing 30 transactions per second(TPS).

Compare that? Ethereum has become more powerful after upgrades, and Solana can handle thousands of TPS. What does that mean? DOGE has no competitive edge in payment efficiency, so naturally, no one wants to build applications or ecosystems on it.

## The Savior? The Hope of Layer-2

Here’s some fresh news. The MyDoge wallet team has launched a project called DogeOS, which has raised nearly $7 million. The goal is to create a Layer-2 solution for DOGE.

Simply put, it’s about building a high-speed processing layer outside the DOGE chain, enabling support for smart contracts, NFTs, blockchain games, and more. Using community popularity to boost ecosystem activity? Logically, it makes sense.

## But There Are Still Problems

The key issue is timing. When will this Layer-2 go live? No one knows. Plus, DOGE has to compete directly with public chains that have already developed Layer-2 solutions, and its technical foundation is far behind.

From this perspective, for DOGE to prove its actual value, it needs to overcome a huge hurdle. Community hype and Elon’s Twitter support have kept it alive for so many years, but popularity and usefulness are two different things.

This is the core contradiction: Popularity without applications.