The Development of Cardano: A Long-Term Vision
Cardano (ADA), currently the ninth-largest cryptocurrency by market capital, has increased by 58.4% over the past year. Despite steady growth, some critics view it as a failed project. Founder Charles Hoskinson firmly refutes these opinions. In a podcast, he emphasized Cardano's long-term vision.
Cardano's Notable Achievements
Hoskinson stressed that evaluating a project solely by Token price is a highly flawed approach. Cardano has grown from a $72 million startup to a $25 billion ecosystem, serving over 3 million global users. He affirmed that Cardano consistently achieves important milestones in security, scalability, and decentralization.
Criticizing Cryptocurrency Hype Culture
Hoskinson criticized the "get rich quick" trend where some sell ADA to invest in projects that have now collapsed. He warned against expecting 10x or 100x profits from robust projects like Cardano. Real success is measured by technological innovation and actual impact.
Shifting Focus: Innovation Over Prices
Hoskinson called on the cryptocurrency community to shift attention from short-term price fluctuations to genuine innovation. He also supported the Trump administration's efforts to provide regulatory clarity for the industry in the United States. Clear regulations are essential for sustainable industry development.
Conclusion: Cardano's Path Forward
Hoskinson's message is clear: innovation, not hype, will determine future industry leaders. Despite criticism, Cardano's steady growth, robust technology, and regulation-friendly approach position it as a project built for sustainable success, not just temporary price pumps.
