Are people falling out of love with ADA?

Is it just me or has Cardano started to get a bit of a whiff about it lately? With consistent drops in on chain activity and inability for it's smart contracts to gain traction, it's no surprise to see it's price tending downwards. Hype that existed a few months ago has disappeared and Charles' ugly mug isn't everywhere you look anymore (thankfully). Before ada junkies get cranky and downvote me (!) I need to point out that I own a decent bag of ada so I'm not bagging it, I'm just finding it harder to justify holding my position when other projects are beginning to look like they may have more upside (Avax for example). I'm very interested in hearing whether others are feeling this way. Or conversely, what do you feel is going to drive cardano in the short to medium term?