Cardano was once crypto’s golden child.
➔ $100B market cap.
➔ Ethereum co-founder at the helm.
➔ Promised to fix everything wrong with Layer 1s.
Today?
➔ 80% down from ATH.
➔ Dev activity collapsed.
➔ No hype, no traction.
What happened to $ADA? Let’s break it down 🧵👇
