#CardanoDebate
The Cardano community is divided as ADA struggles to regain momentum. Critics point to its $0.45 price (-85% from ATH) and lagging DeFi TVL ($350M vs. Ethereum’s $50B) as proof of "academic over-engineering." Supporters counter that Hydra scaling (1M TPS soon) and Midnight Protocol’s privacy features will trigger a comeback.
Key debate points:
- "UTXO model" – More secure or outdated?
- "Governance" – Is Voltaire rollout too slow?
- "Partnerships" – World Mobile & Ethiopia deals vs. lack of institutional adoption
With Chang fork approaching, 2024 is make-or-break for ADA. Bull case: $3 by 2025. Bear case: Irrelevance.