Coinlive - Charles Hoskinson dismisses a critical report on Cardano's blockchain utility, citing lack of credibility, as ADA investors and development activity remain positive despite concerns raised

https://www.coinlive.com/news/cardano-founder-claps-back-urges-investors-to-stand-firm-against

Cardano founder Charles Hoskinson has dismissed a critical report from K33 Research questioning the utility of Cardano's blockchain, stating he has never heard of the research company and questioning its credibility.

The report raised concerns about the authenticity of Cardano's network activity and highlighted the absence of major stablecoins on the blockchain.

Despite criticisms, Cardano's development activity has reportedly been increasing steadily, with 157 projects launched, and there are optimistic predictions about a potential price surge for ADA in the future.

Beware of Cardano dump possibility!!