$ADA The Cardano debate remains as lively as ever, with proponents championing its rigorous academic approach, strong security, and long-term vision. They highlight ongoing developments, such as the upcoming Chang hard fork aiming to enhance on-chain governance, and the growing number of projects building on the network (over 2,000 as of May 2025). The focus on real-world utility, particularly in regions like Africa, is also a key argument.
However, critics often point to Cardano's slower development pace compared to competitors, leading to a perceived lag in its dApp and DeFi ecosystem. The limited presence of dominant stablecoins on Cardano is also a recurring concern. Additionally, the ongoing "security" debate with regulatory bodies like the SEC, which has listed ADA as a potential security, continues to create uncertainty. Despite these debates, Cardano is pushing forward, with discussions around a sovereign wealth fund and efforts to address stablecoin liquidity.