Charles Hoskinson is recasting AI agents as essential infrastructure for Cardano(ADA), placing them at the center of the Midnight City project even as the token trades near multi-year lows. K
Charles Hoskinson is recasting AI agents as essential infrastructure for Cardano(ADA), placing them at the center of the Midnight City project even as the token trades near multi-year lows.
- Hoskinson frames AI agents as core infrastructure for Cardano, not a side experiment.
- Midnight City uses autonomous agents to test privacy views for users, auditors and regulators.
- ADA trades around $0.16, near its weakest level in years.
Hoskinson defended Cardano's use of an AI-generated influencer on the Input Output account, after the post drew sharp pushback from parts of the community. He cast the experiment as transparent trial and error, not a stumble.
The founder told followers that human teams alone cannot run a network meant to scale by millions of users. He argued that agents would handle community management, media updates and broadcasting across the ecosystem. He also pointed to OpenClaw, an open-source agent project he says is growing at remarkable speed.
He described Midnight City as one of his "most important projects," and said the team keeps integrating new AI standards.
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ADA trades around $0.16, down about 1% over 24 hours, a move that tracks the broader market rather than any Cardano catalyst. The token slipped under $0.20 earlier this month, its weakest level in years.
Its RSIsits near 30, a reading that signals heavy selling without the deep oversold extreme that often marks a bottom. Resistance stands at $0.20, the floor that just broke, while thin support holds close to $0.155. Traders now want proof that Midnight turns roadmap promises into real activity, rather than another quarter of sideways grind.
The slide has been relentless. ADA set its all-time high at $3.10 in 2021 and now changes hands more than 90% below that mark, with the drop under 20 cents this month capping ten months of lower highs.
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