Charles Hoskinson, founder of Cardano and IOHK, made an unexpected statement banning the use of the native token $ADA for payment of listings on crypto exchanges. The decision, announced on August 4, 2025, aims to protect the Cardano ecosystem from manipulation and speculative practices. Hoskinson emphasized that such usage could lead to an artificial increase in demand for ADA, contradicting the principles of decentralization and network stability. Instead, he suggested exchanges collaborate with IOHK on commercial terms or through grant programs.
This move has sparked a storm of discussion in the crypto community. Some experts view it as strategic, as it may enhance trust in Cardano, while others see the risk of slowing the expansion of the ecosystem. At the time of the announcement, the price of ADA was hovering around $0.85, reflecting mixed market reactions. IOHK plans to review its listing policy in the coming months to adapt to market needs.
The ban underscores Hoskinson's philosophy regarding sustainable blockchain development. It could set a precedent for other projects aiming to avoid the commercialization of their tokens.
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