Now That Cardano is Dead, What’s The Next Big Thing? (ADA Price Prediction)

Cardano (ADA) is caught in an identity crisis. The ADA price is trading near multi-month lows, and debates over its future direction have split its community. Founder Charles Hoskinson now says the answer is a radical pivot: Cardano should position itself as a core smart contract layer for Bitcoin DeFi.

But Cardano critics like former BitMex co-founder Arthur Hayes aren’t letting Hoskinson off the hook.

Where’s the apology for predicting thousands of dApps in 2022, while Cardano has 59 in 2025 with any real volume? Where’s the apology for saying Chainlink integration in 2021, but you’re still at the negotiating table in 2025?

Cardano's largest dapp, a dex aggregator, has less than 1k daily active wallets. The chain has no volume, no liquidity, and doesn't even have usable stablecoins. Is Cardano a dead chain walking like Hayes suggests?