XLM Reddit Mentions | ChartExchange

The answer depends on the definition of 'dead'.
If 'dead' means 'The future is not bright and the likelihood of a new ATH is very low.', then yeah, it's dead alright.
If 'dead' means 'It's going to zero!', then no, I don't think it's dead.
You must understand, it's very difficult for 'older' projects to reach new ATHs because there's always the recency bias and there's always a new shiny thing people will want to jump into. Just look at the top 10 projects (by market cap) at the beginning of every year since 2017:
|Rank|2017|2018|2019|2020|2021|
|:-|:-|:-|:-|:-|:-|
|1|BTC|BTC|BTC|BTC|BTC|
|2|ETH|XRP|ETH|ETH|ETH|
|3|XRP|ETH|XRP|XRP|USDT|
|4|LTC|BCH|BCH|USDT|LTC|
|5|XMR|ADA|EOS|BCH|XRP|
|6|ETC|XEM|LTC|LTC|DOT|
|7|DASH|LTC|XLM|EOS|BCH|
|8|REP|TRX|USDT|BNB|ADA|
|9|MAID|XLM|BSV|BSV|BNB|
|10|STEEM|MIOTA|TRX|XMR|LINK|
|Rank|2022|2023|2024|2025|2026|
|:-|:-|:-|:-|:-|:-|
|1|BTC|BTC|BTC|BTC|BTC|
|2|ETH|ETH|ETH|ETH|ETH|
|3|BNB|USDT|USDT|XRP|USDT|
|4|USDT|USDC|BNB|USDT|XRP|
|5|SOL|BNB|SOL|SOL|BNB|
|6|ADA|XRP|XRP|BNB|USDC|
|7|USDC|BUSD|USDC|DOGE|SOL|
|8|XRP|DOGE|ADA|USDC|TRX|
|9|LUNA|ADA|AVAX|ADA|DOGE|
|10|DOT|MATIC|DOGE|TRX|ADA|
Ask yourself now; where are REP, MAID, ETC, STEEM, MIOTA, BSV, LUNA and the likes... 2017 and 2026 have only 3 projects in common and one of them is Bitcoin.
The sector is mainly driven by hype because, I mean, what else is there? Right?
Very few projects have real-life use cases and real impacts on everyday life and ADA is NOT one of them.
However, that doesn't mean ADA can't be or shouldn't be traded. Anything can be traded. Then again, there's also the question; why would you trade ADA and not some other new, shiny thing?

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