Now that development on the project has kind of "stalled", I'm wondering if EOS is already dead? I wouldn't be surprised about this, since Dan Larimer's other projects (Bitshares and Steem) turn out to be the same way in the long run. The community took over those projects, but they've never been the same. I think the same fate awaits for EOS, as it becomes nothing more than a failed experiment.
I remember a few years ago EOS was in the
TOP-10 of CoinMarketCap. At one point, the team even announced that EOS smart contracts would support Solidity as well as other similar Turing-complete languages. These promises have
not been fulfilled, so investors are now paying little attention to this coin.
The EOS team currently seems to be stuck in development. In fact, they missed out the DeFi hype while other altcoins have successfully seized the favorable moment, which is why EOS is now rated
32nd.
However, a large number of decentralized applications still use the EOS network. Since the blockchain is very fast, some casinos organize bets based on block hashes. Nowadays EOS has many strong competitors in the cryptocurrency market, so its price is not high, but in my opinion, EOS will
not die in the foreseeable future.