The challenges facing Cardano's decentralized finance (DeFi) ecosystem go beyond mere technological limitations and shortcomings; there are underlying factors and complexities at play that contribute to its struggles. In this exploration, we will delve into the multi-faceted issues that are impacting Cardano's position in the DeFi landscape, providing a comprehensive understanding of the situation and shedding light on the real reasons behind its difficulties. Here’s an in-depth analysis of the various elements influencing Cardano's DeFi development and adoption.
source: https://blocknews.com/cardanos-defi-struggle-runs-deeper-than-tech-heres-whats-really-going-on/