Canton: Smart contract networks face criticism for inflated valuations due to low activity

Yuval Rooz, co-founder of Canton, criticizes smart contract networks for being overvalued despite low activity and revenue.

Most smart contract networks do not generate adequate revenue to support their valuations in the multi-billion dollar market.

Rooz states that stablecoins need over half of their usage to be unrelated to crypto transactions to achieve genuine product-market fit.