#CardanoDebate
Navigating the #CardanoDebate: Is ADA a Sleeping Giant or Lagging Behind?
The #CardanoDebate is heating up again on Binance Square! While proponents champion its robust eUTxO model, strong decentralization, and deliberate, peer-reviewed development, critics continue to point to its slower dApp growth and stablecoin adoption compared to rivals.
Recent news around a proposed $100M treasury conversion to stablecoins and Bitcoin has fueled the discussion. Is this a shrewd move by Charles Hoskinson to boost DeFi liquidity and gain visibility for Cardano-native stablecoins like $USDM, or will it simply add sell pressure to $ADA?
The community remains divided between those who see Cardano's long-term vision and those frustrated by its current pace. Projects like the Cardinal Protocol aiming for Bitcoin DeFi on Cardano offer a glimpse of future utility, but the question remains: when will the "sleeping giant" truly awaken?