PANews reported on March 8th, citing CoinDesk, that Canton co-founder Yuval Rooz stated that most smart contract networks lack sufficient activity and revenue toPANews reported on March 8th, citing CoinDesk, that Canton co-founder Yuval Rooz stated that most smart contract networks lack sufficient activity and revenue to

Canton: Most smart contract networks lack activity, valuation is inflated.

Author: PANews

Source: PANews

2026/03/08 19:39

1 min read

SMART$0.004227+0.49%

FIT$0.00004742-0.48%

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PANews reported on March 8th, citing CoinDesk, that Canton co-founder Yuval Rooz stated that most smart contract networks lack sufficient activity and revenue to support their multi-billion dollar valuations. Rooz believes that stablecoins can only truly achieve product-market fit when more than half of their usage is unrelated to cryptocurrency transactions.

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