Cardano has long been recognized for its pace of technical progress. Yet The Motley Fool warns the project now risks falling behind competitors unless it implements strategic changes in the near term.
The developer activity in Cardano's ecosystem currently underperforms relative to competitors like Ethereum and Solana. According to Cryptometheus, Solana had 499 active developers shipping updates last week, while Cardano recorded just 175—a 33% decline from its levels three months ago.
Moreover, Cardano's upgrade lacks market traction. As reported by The Motley Fool, Hydra, its Layer-2 scaling solution designed to address transaction speed during peak loads, has failed to gain adoption by any major exchange five months after launch.
On June 4, Cardano recorded approximately 23,273 daily active addresses, while Solana processed nearly 5 million during the same period. This disparity widens significantly during meme coin frenzies that drive traffic surges—sectors where Cardano remains virtually invisible due to its minimal ecosystem presence.