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Cardano founder Charles Hoskinson said he never promised that Cardano would overtake Bitcoin or that ADA's price would rise, pushing back on investor criticism in a recent YouTube AMA. He framed some of the complaints as effectively asking him to push the token's price higher.
Why it matters
Hoskinson's defence leaned on delivery rather than price. He said Cardano has completed its original roadmap, that everything he committed to building is in place, and that the network now governs itself without relying on him.
The remarks come at a delicate moment. ADA was trading at about $0.17 at the time of the report, down more than 94% from its 2021 all-time high and roughly 86% from its 2024 peak, leaving holders with little to show for years of patience.
Market impact
The gap between a finished roadmap and a depressed token is now the core tension for the community. Whether self-governance and completed development goals translate into renewed demand for ADA is the question the market will keep testing, and the founder has drawn a clear line: price is not his promise.
Source: [‘Roadmap is Complete,' Cardano Founder Charles Hoskinson Says — Decrypt](https://decrypt.co/383221/roadmap-is-complete-cardano-founder-charles-hoskinson-says)
Frequently asked questions
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What did Charles Hoskinson say about ADA's price?
In a recent YouTube AMA, Hoskinson said he never promised that Cardano would overtake Bitcoin or that ADA's price would rise, and argued some investors were effectively asking him to push the token's price higher.
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How far has ADA fallen from its all-time high?
ADA was trading at about $0.17 at the time of the report, down more than 94% from its 2021 all-time high and roughly 86% from its 2024 peak.
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Is the Cardano roadmap finished?
Yes. Hoskinson said Cardano has completed its original roadmap and that everything he committed to building is in place.
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Does Hoskinson still control Cardano?
According to Hoskinson, the network now governs itself without relying on him, which he cited as evidence the project delivered on its original commitments.
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Why are Cardano investors frustrated?
Holders are criticising the project while ADA trades down more than 94% from its 2021 high, and the founder's response that price was never his promise has become the core tension in the community.
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