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Cardano's ADA price lags despite new projects and ecosystem growth, sparking debate and founder's frustration.

Protocol Fundamentals
06 Oct 2026
Zycrypto
View Source
Neutral
Cardano's ADA price lags despite new projects and ecosystem growth, sparking debate and founder's frustration.

Cardano founder Charles Hoskinson defended the network's progress amid criticism over ADA's weak price and adoption. Despite ADA trading 91% below its all-time high, Cardano has launched several projects like RealFi and Midnight, and integrated new ecosystem features such as USDCx and LayerZero. On-chain data shows growing DeFi activity and liquidity, but the challenge remains to convert development into stronger ADA demand and price recovery. Hoskinson's frustration highlights the tension between Cardano's expanding ecosystem and ADA's market performance.

Cardano's founder Charles Hoskinson's frustration with ADA's price contrasts with the token's current trading activity on Pluang. As of Oct 07, 2026 00:21 WIB, ADA trades at Rp4.871, showing a positive 1-day change of 2.70%. The market cap stands at Rp178,63 trillion with a 24-hour trading volume of Rp14,49 trillion, while Pluang users hold ADA for an average of 126 days, with a 60% buy order activity indicating ongoing interest despite price challenges.

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