Charles Hoskinson Slams Cardano Critics, Says It’s Built for the Long Haul

Cardano (ADA), which is currently the ninth-largest cryptocurrency by market cap, has seen a significant 58.4% rise over the past year. Despite this steady growth, some traders still label it as a failed project. However, Cardano’s founder, Charles Hoskinson, strongly disagrees with this view.

In a recent podcast interview with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto space and defended Cardano’s long-term vision.

You Can’t Judge a Book by Its Token Price

Hoskinson pointed out that judging a project solely by the price of its token is a flawed approach. He reminded the audience that Cardano started as a $72 million startup and has now grown into a $25 billion ecosystem with over 3 million users worldwide.

According to Hoskinson, Cardano has stayed true to its development roadmap, focusing on the core principles of security, scalability, and decentralization. These are the foundation on which Cardano is built.

Calling Out the Hype-Driven Mentality

Hoskinson took aim at the “get rich quick” mindset that seems to dominate certain parts of the crypto community. He criticized the trend where traders were encouraged to sell ADA for a now-collapsed project, urging people to stop expecting huge returns like 10x or 100x from solid projects like Cardano.

Instead, he emphasized that success in the crypto world should be measured by technological innovation and real-world impact, not by short-term price speculation or the latest trends.

Over the last 30 days, ADA’s price has increased by 4.1%, with a notable 11.9% rise in just the past week. However, it saw a small dip of 0.4% in the last 24 hours – something that is common in the volatile crypto market.

Despite these fluctuations, Cardano’s performance remains strong and its growth trajectory is clear.

Hoskinson also spoke about the importance of regulatory clarity, particularly in the U.S. crypto market. He voiced support for the Trump administration’s efforts to bring clearer regulations to the space, believing that well-defined regulations are key to the long-term growth and stability of the industry.

Cardano’s Mission: Innovation Over Hype

Hoskinson’s message is simple: the future of crypto won’t be shaped by hype, but by real innovation. Despite facing criticism, Cardano continues to make steady progress, positioning itself as a project with strong technology and a focus on long-term sustainability.

While Cardano may not promise quick gains for short-term traders, it is steadily building a platform that is built to last – a platform driven by real-world impact and responsible growth.