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Cryptocurrency News Articles

Cardano Founder Charles Hoskinson Gave a Forecast About the Future of the ADA Token

Apr 29, 2025 at 03:00 pm

Cardano Founder Charles Hoskinson gave a forecast about the future of the ADA Token in his recent livestream.

Cardano Founder Charles Hoskinson Gave a Forecast About the Future of the ADA Token

Cardano founder Charles Hoskinson recently made a bold prediction during a livestream. He stated that if Input Output Global (IOG) manages to complete its roadmap and the community actively supports it, then Cardano Price could reach from $3 to $10 shortly.

This optimistic statement has filled a new energy among Cardano investors and further strengthened the confidence in the project.

Charles Hoskinson’s big claim on ADA

Cardano founder Charles Hoskinson said during a recent livestream that if the Input Output Global (IOG) roadmap is completed, the ADA token price could go up to $3, $5, or even $10. He also said that it is very important for the Cardano community to support the project so that this dream can come true.

Hoskinson estimates that ADA will have to rally about 1300% to reach $10, and at least 300% growth is necessary. He believes that Cardano’s future depends entirely on funding and commitment from holders.

He said that Cardano’s initial scaling roadmap has been completed, but advanced scaling projects are still being developed. Hoskinson warned that if funding is not received, these projects could be in danger.

He also said that if the community does not approve the proposed budget, IOG may have to stop work after the Leios upgrade. Hoskinson said, “You are funding IOG’s vision, and retaining the team is vital to Cardano’s growth.

Debate intensifies in the community over the progress of the ADA

There is also discussion in the Cardano community about whether the project can be considered complete until all the scaling solutions are delivered. Some members also questioned Cardano’s decentralized governance model.

Technically, ADA is currently trading at around $0.7044. If it stays above $0.70, the next target is $0.764, which could be $1. But if it goes below $0.70, the price could drop to $0.674 or even $0.60.

Hoskinson also announced that Cardano is now working on Bitcoin support for Bitcoin Bridge and Lace Wallet, so that Bitcoin-based DeFi apps will also be able to work on Cardano. If you want to know what Cardano is and how it is different from Bitcoin, then you can learn by visiting this link.

Apart from this, Grayscale has also increased its interest in ADA. Grayscale has filed for a spot Cardano ETF on the New York Stock Exchange, which has been accepted by the SEC. According to Polymarket, this ETF’s approval probability has now increased from 20% to 51%. The decision may come by August 2025.

Hoskinson’s clear message is that Cardano’s future will depend entirely on the project’s sustainability and the community’s support. If the scaling solutions, Bitcoin bridge, and new ETF efforts succeed, ADA could indeed touch the $3 to $10 range. However, market volatility and funding challenges could make the path difficult. This is a good but cautious opportunity for investors.

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