Crypto news platform Wu Blockchain (@WuBlockchain) has drawn attention to recent statements from Cardano creator Charles Hoskinson and the community is paying attention. Hoskinson built Carda
Crypto news platform Wu Blockchain (@WuBlockchain) has drawn attention to recent statements from Cardano creator Charles Hoskinson and the community is paying attention.
Hoskinson built Cardano over nearly a decade. He completed the roadmap, and the network now operates without him. However, ADA trades at $0.17. That low price is the focus of a growing tension between him and portions of his investor base.
In a recent YouTube AMA, Hoskinson responded to investors who have expressed frustration over ADA’s price performance. He was clear about one thing: he never promised price appreciation. “I never promised that. I said I’d love for it to happen, and I believe that Cardano is a better store of value than Bitcoin is for a variety of reasons.”
He added, “I don’t promise price appreciation, or people overturning things. I say it’s absolutely possible.” He characterized some of the criticism as investors asking him to push the token’s price higher. He declined to accept that responsibility.
Cardano Founder Hoskinson Says He Never Promised ADA Would Rise
Cardano founder Charles Hoskinson said in a recent YouTube AMA that he never promised Cardano would overtake Bitcoin or that ADA’s price would rise, Decrypt reported. Responding to criticism from investors,… pic.twitter.com/e0iEpk8XT4
— Wu Blockchain (@WuBlockchain) November 14, 2026
Hoskinson confirmed that Cardano has completed its original roadmap. Everything he committed to building is now in place. The network governs itself through its own on-chain governance mechanisms, without relying on him to function or make decisions.
This is a significant technical milestone. Cardano was designed from the beginning with decentralization as a core goal. Hoskinson views the current state of the network as the fulfillment of that original commitment.
Wu Blockchain noted that ADA is currently down more than 94% from its 2021 all-time high. It sits approximately 86% below its 2024 peak. Those numbers define the disconnect between Hoskinson’s technical satisfaction and investor frustration.
The asset has not recovered alongside other major cryptocurrencies in recent cycles. That performance has pushed investors to look for explanations, and many have directed those questions at the founder.
One trader focused on the technical achievement rather than the price, expressing that completing the roadmap is the part that truly counts. Another commentator compiled a detailed record of past statements Hoskinson made across interviews, podcast appearances, and AMAs dating back to 2021.
The compilation included references to Cardano potentially surpassing Bitcoin in market cap, ADA reaching $250k by 2026, and comparisons between Cardano and Ethereum. He presented this as context for why investors hold the expectations they do, and proof that Hoskinson has promised a price increase for the asset.
Another commenter noted that the phrase “never promised” likely rings hollow to a community that heard years of bullish statements about the project’s potential.
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