Cardano is in trouble when its founder publicly questions how to solve its problems. After TapTools shut down, Charles Hoskinson warned that more ADA projects are going to die and that it will be a tough year for the project. x.com 

Cardano is getting smoked because it pumped on the L1 narrative and hasn't been cool since 2021; even if that narrative catches a bid again, newer projects and narratives may pass it by. x.com 

Cardano isn't dead and can at least triple from here, since bitcoin still has at least a double left to run. ADA probably won't beat most coins this cycle. x.com  x.com 

Cardano is large-cap vapour trending toward zero: a $7B fully diluted valuation is utterly ridiculous for a legacy infrastructure project that has delivered nothing. Everyone holding for the last six years is at a loss, and the next cycle is unlikely to repump it because retail now has more attractive frontier equities to chase. Long revenue-producing crypto assets with value accrual and short vapour infrastructure remains a good long-term trade. x.com  x.com 

Cardano remains mediocre despite claiming to be the best: its maximum theoretical throughput is about 18 TPS while usage is near 0.2 TPS. Its scaling upgrade has been awaited for over a decade, with Input Endorsers promised in 2017 and Leios announced in 2022, and even once released it will be uncompetitive against chains with 40k+ TPS and subsecond block times. Leios should prioritize speed over capacity; Cardano is improving, but actions speak louder than words. x.com  x.com  x.com  x.com  x.com 

Cardano is first in line to benefit from a proposed US crypto market structure bill whose mature-blockchain standard favors networks like it. Per @MinswapIntern, the framework would exclude decentralized network tokens from securities classification, emphasizing decentralized governance, open-source infrastructure, non-custodial staking and distributed validators. Cardano, XRP and Ethereum would get digital commodity status, while most new projects face securities labels. x.com 

Older-generation layer-1s such as Cardano and Polkadot lack the catalysts needed for a comeback. A post the author replies to notes Cardano has collapsed 93.4% from a $101B peak to a 5.5-year low. x.com 

Wall Street seems to be ditching legacy altcoins such as Cardano and Polkadot. Grayscale pulled its ETF filings for both after a year, right after pulling its Hedera ETF. x.com 

T. Rowe Price's approved Active Crypto ETF is an underpriced institutional shift toward public blockchains like Solana, Cardano and Avalanche. The $1.7 trillion manager will actively manage credit, staking yields and sector rotation across eligible assets rather than passively holding BTC. With DTCC also connecting tokenization infrastructure to public networks, the private-chain narrative is dead and public mainnets are becoming global settlement layers. x.com 

Cardano may be the most overvalued asset, with a tiny on-chain economy relative to its $9B market cap. TVL is $128M, daily DEX volume $1.3M, stablecoins $26M and active addresses about 17,000. At some point the market must decide whether it is valuing an ecosystem or just a memory from prior cycles. x.com  x.com  x.com