Why the "Cardano is Dead" Crowd is Wrong Again: The 2026 Utility Pivot 🧠

Analysis:
Cardano $ADA

ADA
ADA
0.2595
+0.62%

is often called a "ghost chain" by critics. However, while investors focus on price action, Cardano’s Midnight Protocol (privacy-focused sidechain) has just hit a milestone in enterprise adoption for zero-knowledge identity. In 2026, real-world utility in developing economies is moving from pilot to production.

The Bear Trap: Retail thinks it’s slow; institutions see it as the most secure, peer-reviewed infrastructure for CBDCs.

Entry Zone: $0.35 – $0.45 (Historical Accumulation)

Real-World Catalyst: Adoption in African supply-chain logistics.

Target: $1.20 | $2.50 (Recovery Target)

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