Some don't get what happened with Cardano.

Let me break down what I'm seeing after all these years.

Before 2020, everyone was obsessed over whether IOG would keep working after their contract ended. Charles mentioned waiting for treasury funding and governance votes.

Then smart contracts launched at the 2021 peak and things shifted. Midnight got announced in 2023 as this big privacy play that was supposedly years in the making. When Cardano rushed on-chain governance in 2024 instead of finishing the scalability roadmap, I swapped all my ADA for SNEK.

Here's the real story though.

If SNEK and other reputable projects hadn't emerged and kept pushing, this ecosystem would probably be dead. The community finally sees where the actual value lives now.

This recent technical issue? Honestly it's not a big deal. The reputation was already mixed and most coverage is just rage bait for clicks anyway. Problems get solved, I believe we'll get a full postmortem from people who actually know what they're talking about.

What matters is community consensus.

The last hours showed something powerful. The founding entities and community came together in a way that signals a real turnaround. Everyone's interests are still aligned here. The emotional and price bottom are probably in the same spot right now.

Just stay focused and make your own decisions.