Oct 22, 2026 1:39 PM
Cardano is effectively a ghost chain. With capital in its apps plummeting 91% from its peak and daily users halving in just six months, the network is shrinking into irrelevance. While competitors like Ethereum and Solana boast thousands of developers, Cardano has withered to just 672. Charles Hoskinson’s "hail mary" is personally writing yet another new programming language, but is a new tool enough to bring back builders who have already left? Or is Cardano officially dead?
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