Cardano (ADA), the ninth-largest cryptocurrency by market cap, has surged 58.4% over the past year. But, despite this solid growth, some traders still insist on calling the project a failure — a view that Cardano’s founder, Charles Hoskinson, isn’t exactly fond of.
During a chat with Gokhshtein Media on their podcast, Hoskinson didn’t hold back, addressing the growing negativity swirling around the crypto space and firmly defending Cardano’s long-term vision. Because, you know, it’s not just about price. But try telling that to some folks.
Hoskinson Fires Back, Defends Cardano’s Achievements
Hoskinson made it clear: if you’re judging a project purely by its token’s price, you’re doing it all wrong. After all, Cardano didn’t just wake up yesterday — it grew from a $72 million startup into a $25 billion ecosystem. Oh, and it has over 3 million users around the world. Not too shabby, right?
He also pointed out that Cardano hasn’t just been sitting there twiddling its thumbs. They’ve been hitting major milestones and sticking to their development roadmap, all while keeping an eye on the big three: security, scalability, and decentralization. Go figure.
Crypto Hype? Hoskinson Is Not Impressed
Taking a jab at the latest crypto craze, where some traders were urged to sell ADA for a now-defunct project, Hoskinson called out the “get rich quick” culture. He didn’t mince words, saying that expecting 10x or 100x returns from solid projects like Cardano is nonsense. Innovation and real-world impact? Now *that’s* how you measure success — not by the price fluctuations of the day. 🙄
Speaking of price fluctuations, ADA has seen a modest 4.1% rise in the last 30 days, with an 11.9% jump over the past week. But, of course, it dipped a tiny 0.4% in the last 24 hours. Just another reminder that, surprise, crypto markets are volatile!
Innovation, Not Price: Hoskinson’s Wake-Up Call to Investors
Hoskinson took a moment to remind the crypto community: it’s time to stop obsessing over short-term price movements and start focusing on real innovation. And if that’s not enough, he threw in his support for the Trump administration’s efforts to bring some regulatory clarity to the U.S. crypto market. Because hey, clear rules could mean a stable future for the industry, right?
So, What’s Next for Cardano?
Hoskinson’s message? Straightforward as always: innovation, not hype, will shape the future of the crypto industry. Cardano, despite all the naysayers, has shown steady growth, solid tech, and a regulatory-friendly approach. Looks like this project is built to last — sorry, folks, no fleeting price pumps here. 📉
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2025-04-29 13:42