While it`s highly technological product(e.g. their Rainbow Brdige), they have been struggling with some reaction from the community about their progress since fall 2022.
Reasons:
Cost-cutting to increase their runway which leads to slower development and more questions about long-term vision
Aurora Futures. Dev team unlocked tokens and reselling them on OTC market prior to further drop in price.(community supposed it like an insider deal)
Having too much reliance on the Near Foundation(for now Foundation doesn`t provide much support)

Source: interview with CEO of Aurora Labs.

A decentralized application space based on third-generation blockchain technology that works on the DeFi system

Aurora

While it`s highly technological product(e.g. their Rainbow Brdige), they have been struggling with some reaction from the community about their progress since fall 2022.
Reasons:
- Cost-cutting to increase their runway which leads to slower development and more questions about long-term vision
- Aurora Futures. Dev team unlocked tokens and reselling them on OTC market prior to further drop in price.(community supposed it like an insider deal)
- Having too much reliance on the Near Foundation(for now Foundation doesn`t provide much support)

Source: interview with CEO of Aurora Labs.