Cardano still under 1 transaction per second, Evan Van Ness notes

Cardano still under 1 transaction per second, Evan Van Ness notes
Cardano lags in transaction speed

Evan Van Ness questions the value of Cardano, highlighting that after 10 years, its network processes well under 1 transaction per second.

Van Ness suggests that the cryptocurrency's continued high valuation is unwarranted given its low network activity.

Van Ness has previously expressed skepticism about project fundamentals. He described how he overestimated Bitcoiners’ understanding of core mechanics. Earlier this year, Van Ness drew attention after reporting that TIA fell 98 percent after a high-profile endorsement.

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