Cardano
Cardano founder calls for community effort to rebuild network momentum
Charles Hoskinson acknowledges Cardano's technical advances but admits the network has lost market position and reputation, urging stakeholders to restore competitiveness.
Hoskinson said Cardano has made significant technical progress over the past two years, yet conceded that its standing in the broader crypto market, brand strength, and industry reputation have deteriorated. He pledged his continued commitment to the network's long-term roadmap regardless of community consensus, inviting ADA holders to join in rebuilding confidence in the ecosystem.
The founder framed the challenge as getting Cardano "back to winning again," arguing that a stronger network benefits developers, investors, and the entire ecosystem. He rejected characterizations of Cardano as a failed experiment, contending that critics fixate on price performance while ignoring consistent technical development.
Cardano's recent track record supports some of his claims. The network activated the van Rossem hard fork, upgrading to Protocol Version 11 and preparing for Ouroboros Leios, a major scalability upgrade planned for later this year. The ecosystem has also started the first phase of the RealFi testnet, designed to integrate blockchain liquidity with real-world lending and microfinance in developing economies.
These developments come as ADA struggles: the asset has fallen 49.21% since the start of 2026 and slipped to 14th place in global market capitalisation. The downturn has sparked governance disputes and prompted several projects to exit the ecosystem. Hoskinson has previously stated he expects Cardano to return to the top 10 by year-end.
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