Cardano Staking Hits 1.3 Million User Milestone Despite Community Infighting

A debate over Cardano’s future direction has created a “narrative crisis” in its community. This comes as the network’s on-chain metrics show strength, with staking addresses topping 1.3M. Analysts are watching to see if the internal friction will impact the ADA token’s price. Cardano (ADA) is facing a moment of truth. Once propelled by strong narratives like the promise of $ADA ETFs, the launch of Bitcoin DeFi, and advancements like Midnight, recent discussions have taken a sharp turn. According to analyst Dan Gambardello, the blockchain needs an urgent narrative reset to avoid derailment. Headlines suggest ADA may be sold for underused stablecoins or converted to Bitcoin. These emerging perspectives are gaining traction, yet many in the community, including Gambardello himself, strongly disagree. The concern is that these new directions are not only unconvincing but risk undermining the network’s hard-won progress at a crucial time in the market cycle. Cardano needs a narrative reset, fast! Right now, the headlines are that $ADA will be sold off for a stablecoin the broader industry isn’t even using… and also sold off for Bitcoin. I disagree wi… The post Cardano Staking Hits 1.3 Million User Milestone Despite Community Infighting appeared first on Coin Edition .

Source: Coin Edition