Although Cardano (ADA) has increased in value by more than 58% in the past year and is now ranked 9th by market cap, some traders still see the project as a failure. Unfairly, according to founder Charles Hoskinson, who speaks his mind clearly.
In a candid conversation with Gokhshtein Media, Hoskinson responded to the growing negativity within the crypto space. He finds the criticism incomprehensible: “You can’t measure the success of a project by its price alone,” he emphasizes.
This isn’t just an opinion. Cardano started out as a $72 million startup and has since grown into a $25 billion ecosystem with over 3 million users worldwide. The team remains true to their vision: to build a blockchain that is secure, scalable, and truly decentralized.
Hoskinson spoke candidly about the "hype culture" within cryptoHe criticized the short-term mentality that saw people sell their ADA for projects that are now dead.
According to him, this is exactly what is wrong with the sector: there is too much focus on quick profits and too little attention to fundamental value. “Don’t expect 100x from a serious project,” he warns. “Real innovation takes time. It’s about what you build, not about how quickly you can get rich.”
Meanwhile, ADA continues to perform well. Over the past 30 days, its value increased by 4,1%, of which almost 12% in the past week. Small corrections, such as a 0,4% drop in 24 hours, are part of a volatile market.
More importantly, the foundations are strong.
Finally, Hoskinson spoke positively about the push for more clarity in U.S. crypto regulations. He welcomes the recent initiatives of the Trump administration. “Without clear rules, there is no sustainable growth,” Hoskinson said.