Amarylliss

Cardano’s biggest expansion came late ‘24 → early ‘25.

TVL pushed above $700M.

User activity and volume surged.

Catalyst? On-chain governance rollout + early RWA momentum.

But by mid/late ‘25, growth cooled.

Upgrades spark bursts.

Sustained acceleration remains the challenge.

Now Hoskinson’s latest push aligns with the Foundation’s roadmap:

• Privacy focus (Midnight)

• Stablecoin expansion

• Institutional-grade partnerships

• DeFi + RWA scaling

Short term? Traders reacting positively.

Long term? Execution + sticky liquidity will decide.

Narrative is strong.

Retention is the real test.

$ADA