Charles Hoskinson criticizes Cardano's critics, stating that it is built for the long haul.
Cardano (ADA), which is currently the ninth largest cryptocurrency by market capitalization, has grown by 58.4% over the past year. Despite this steady growth, some traders still call it a failed project. However, Cardano's founder Charles Hoskinson strongly disagrees with this viewpoint.
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 cannot judge a book by the price of its token.
Hoskinson noted 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 transformed into a $25 billion ecosystem with over 3 million users worldwide.
According to Hoskinson, Cardano has remained true to its development roadmap, focusing on the core principles of security, scalability, and decentralization. This is the foundation on which Cardano is built.
The challenge to the hype-driven mentality.
Hoskinson targeted the 'get-rich-quick' mindset that seems to dominate certain parts of the crypto community. He criticized the trend of encouraging traders to sell ADA for now-collapsed projects, urging people to stop expecting huge profits, such as 10x or 100x, from reliable projects like Cardano.
Instead, he emphasized that success in the crypto world should be measured by technological innovations and real impact, not short-term price speculation or the latest trends.
Over the past 30 days, the price of ADA has increased by 4.1%, with a notable 11.9% rise recorded in just the last week. However, there has been a slight decline of 0.4% in the last 24 hours, which is common in the volatile cryptocurrency market.
Despite these fluctuations, Cardano's metrics remain high, and its growth trajectory is clear.
Hoskinson also spoke about the importance of regulatory clarity, especially in the U.S. cryptocurrency market. He expressed support for the Trump administration's efforts to implement clearer rules in this area, believing that well-defined regulations are key to long-term growth and stability in the industry.
Cardano's mission: innovation over hype.
Hoskinson's message is simple: the future of cryptocurrency will be determined by real innovations, not hype. Despite the criticism, Cardano continues to make sustainable progress, positioning itself as a project with strong technology and a focus on long-term sustainability.
Although Cardano does not promise quick profits for short-term traders, it is steadily building a platform designed for the long term—a platform driven by real impact and responsible growth.
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