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Cardano’s Founder, Charles Hoskinson, Counters Critics, Highlighting Achievements Beyond Market Price - Crypto Economy
TL;DR
Charles Hoskinson once again questioned those who insist on labeling Cardano as a failed project, despite its steady growth. In an interview, the network’s founder defended the progress achieved and rejected the criticism that reduces the value of a blockchain to the behavior of its token in the market.
Cardano has recorded a rise of over 58% in the last year and holds a market capitalization surpassing $25 billion. However, part of the community remains focused on speculating about its price, without considering the ecosystem and technological development that supports the network. Hoskinson pointed out that this type of analysis is narrow and fails to reflect the project’s actual state.
From the beginning, Cardano followed a gradual approach, prioritizing security, decentralization, and scalability. According to Hoskinson, that roadmap remains intact and continues to aim at providing a solid infrastructure for decentralized applications. Currently, the network exceeds three million active users, a figure that proves its reach without depending solely on speculative market cycles.
Platforms That Solve Real Problems Should Be Valued, According to Hoskinson
The founder also criticized the trend of chasing immediate returns and dismissed the idea that a blockchain project must promise 10x or 100x profits to be considered successful. In his view, the industry should place more value on the ability of platforms to solve real problems and sustain their operations over the long term. He stressed that projects built on weak foundations, despite early popularity, ultimately collapse and harm their users.
Hoskinson emphasized the need to establish clear regulatory frameworks, especially in the United States. He argued that well-defined rules would provide predictability and help distinguish serious proposals from speculative schemes. He also stated that regulatory stability will be key to strengthening the crypto industry and protecting users without stifling innovation.
While part of the market keeps chasing immediate results, Cardano maintains its growth pace and continues developing solutions aimed at real-world use. Hoskinson made it clear that his goal is not to feed speculation, but to build a functional and sustainable network that can endure beyond market trends.