Cardano founder predicts ADA token to grow 100 times

Чарльз Хоскінсон" href="https://noworries.news/biography/charlz-hoskinson/" data-bio-id="10 311">Charles Hoskinson, the founder of Cardano, said that the ADA token has the potential to increase in value by 100 times and even surpass bitcoin if the Cardano ecosystem can realize its technical and market ambitions. He emphasized that Cardano is often underestimated due to the slow pace of innovation, but, according to him, it is the phased development and implementation of technologies such as Hydra and Mithril that provides the platform with a competitive advantage.

Hoskinson believes that the main challenge for Cardano ADA $0.77 Cardano -0.88% Market capitalization $27.98 billion VOL. 24 hours $0.11 billion is not technical limitations, but market and investor acceptance. He emphasized that after implementing solutions to scale and increase speed, Cardano can become a platform for mass use in the field of decentralized finance and non-fungible tokens. In this case, ADA could gain the status of the most useful cryptocurrency.

According to Hoskinson, «if Cardano achieves its goals, ADA could grow 100 times, and that is quite realistic.» However, to achieve such a result, it is necessary not only to solve technical issues but also to convince the market of the project’s reliability and prospects. He recognizes that future success depends on investor confidence and industry acceptance.

Analysts point out that ADA remains a volatile asset and such optimistic forecasts should be evaluated with caution. At the same time, experts note that Cardano continues to be seen as one of the most promising blockchain projects in the digital asset market.

Hoskinson also emphasized that the company continues to work on creating innovations that will allow Cardano to become a global infrastructure platform for the new digital economy, and ADA to become the currency of the future.