Is Cardano a dead project?

Could you please clarify for me, is Cardano really considered a dead project? I've heard conflicting opinions about its current status and future prospects. Some people seem to be quite optimistic about its potential, while others are quite pessimistic. Could you possibly elaborate on the reasons why some might think so? Are there any significant challenges or roadblocks that Cardano is currently facing? And, based on your expertise, do you think there's still hope for Cardano to recover and become a successful project in the long run? I'm genuinely interested in your insights and opinions on this matter.