Cardano Breaks New High? Hoskinson Boldly Predicts ADA Will Surge to $10!

Charles Hoskinson, the founder of Cardano, recently made a remarkable prediction, stating that if the Cardano roadmap is successfully completed, the price of ADA could break $3 and possibly reach $5 or $10! He emphasized that the support of the Cardano community and their determination to follow the roadmap's implementation will be key to achieving this goal.

Hoskinson: The Cardano Ecosystem Will Undergo Significant Transformation

Hoskinson further revealed that Cardano's core team, IOG, has completed the expansion of the original roadmap and is researching more advanced scaling solutions. Nevertheless, he cautioned that the success of these projects still faces risks, and a lack of funding support could lead to IOG's withdrawal. Questions regarding Cardano's governance model and funding allocation have also led Hoskinson to criticize the community's favored practices of decentralized decision-making and 'competitive bidding,' arguing that they are disadvantageous to high-cost developers in Western countries.

ADA Remains Stable, Breaking $1 Soon

Currently, the price of ADA is stable at around $0.72, having risen over 3% in the past day. If ADA can maintain this level, breaking through the next resistance level of $0.764 or even $1 is just around the corner. If it drops below $0.70, the market will focus on the support levels of $0.674 and $0.60.

The Future of Cardano: Bitcoin Bridge and ETF Release Imminent

Hoskinson also revealed that Cardano is developing a Bitcoin bridge and plans to integrate Bitcoin support into Cardano's Lace wallet, which will drive Cardano's expansion in the DeFi space. Additionally, the application for the ADA spot ETF is progressing steadily, with Grayscale's holdings continuing to increase, and the probability of ADA ETF approval on Polymarket has risen to 55%. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision in August 2025.