• Cardano CEO expects the blockchain to become the largest crypto ecosystem in the world.
  • Cardano Founder Charles Hoskinson addresses the community directly. 
  • He highlights how Ethereum is trying to become more like Cardano.

Cardano Founder, Charles Hoskinson , believes Cardano will become the largest crypto ecosystem in the world. The CEO of Cardano (ADA) addresses the ADA community about the future of Cardano after his successful appearance at crypto and blockchain events around the world.

Charles Hoskinson Highlights Cardano’s Capability

BREAKING: Charles Hoskinson says "I will praise good engineering. That doesn't mean I'm no longer on the #Cardano $ADA train. Let me be clear, Cardano I do believe, will become the largest crypto ecosystem in the world. We have much more to gain working together as an industry." pic.twitter.com/EyNKZWUgk2

— Angry Crypto Show (@angrycryptoshow) October 5, 2024

He began with stating the toxicity that exists in the crypto space, especially of the negative comments that are directed at Cardano (ADA). He says that this hate hinders growth when in turn creators and developers should be working together and gain more as an industry.

Hoskinson also mentions SUI and its innovative prowess. He also talks about collaborating with the project. Hoskinson goes on to highlight major accomplishments from the academic sector of blockchain-specific research teams in the industry. Ultimately, he believes that collaborative innovation will lead to greater breakthroughs for the web3 industry. He also highlights other impressive projects like Algorand (ALGO).

Cardano Number 1 https://t.co/NI5aSwxN68

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— Charles Hoskinson (@IOHK_Charles) October 5, 2024

Ethereum Tries To Be More Like Cardano

Next Hoskinson talks about how Cardano is called a dino chain but presently Ethereum (ETH) is trying to make its ecosystem as strong and capable as Cardano. He calls Cardano a slow and steady chain, a blockchain of compositionality and momentum. Building on top of strong decisions has led the Cardano ecosystem to be a much more powerful network. 

Presently, the price of Cardano is $0.35 according to CoinMarketCap data. It boasts a total market cap of $12,258,719,148 with a 24-hour trading volume of $133,130,405. Last bull cycle, ADA set an ATH at $3.1 and crypto analysts hope to see all of Cardano’s accomplishments reflect on the price of ADA in the coming bull run phase of the ongoing crypto cycle. 

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