Cardano Founder Responds to Exclusion from Messari Crypto Report
The Cardano community has expressed disappointment after the network was not mentioned in the Messari seventh annual crypto report titled “Crypto Theses for 2024.” The report, which covers various topics including Layer 1 blockchains and decentralized finance (DeFi), caught the attention of Cardano supporters who noticed the omission. One community member took to social media to call out Messari for excluding Cardano from the report. The report mentioned Bitcoin 178 times, Ethereum 96 times, Solana 65 times, BNB 6 times, and XRP 3 times, but Cardano received zero mentions.
Cardano Founder Responds to Messari’s Omission
Following the release of the Messari crypto report, a Cardano community member called out Messari on social media for omitting Cardano from the report. The community member highlighted the number of mentions each blockchain received in the report and pointed out that Cardano received no mentions at all. In response to the criticism, Tamara Haasen, the president of IOG, called out Messari’s CEO Ryan Selkis for an explanation. Selkis defended his team’s work, stating that the report was based on economic activity and many networks did not make the list due to lower economic activity.
Cardano Founder Joins Community Discussion
Cardano founder Charles Hoskinson also chimed in on the discussion surrounding Cardano’s omission from the Messari report. He acknowledged the community’s comments and expressed gratitude for having a platform to debate and discuss such issues. Despite this exclusion from the report, Cardano’s native token ADA has been performing well, with a significant increase in value in 2023. Analysts expect ADA’s positive performance to continue, citing structural shifts in the altcoin market and a shift in market sentiment as factors driving further uptrends for ADA. The ADA price rally is also expected to continue leading up to the Bitcoin halving in 2024.
Hot Take: Cardano Community Disappointed with Messari’s Omission
Cardano’s absence from the Messari crypto report has sparked disappointment and frustration within the Cardano community. While the report covered various topics in the crypto space, Cardano was not mentioned at all. The community took to social media to express their dissatisfaction, prompting responses from Cardano founder Charles Hoskinson and IOG president Tamara Haasen. Despite this setback, Cardano’s native token ADA has been performing well and analysts expect its positive momentum to continue. The omission from the report does not seem to have hindered ADA’s growth, as it has already seen significant gains in value in 2023. The Cardano network remains resilient and focused on future developments.
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