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Cardano creator Charles Hoskinson defends leadership amid calls for his removal over ADA's price slump.

Market News
09 Sep 2026
Zycrypto
View Source
Neutral
Cardano creator Charles Hoskinson defends leadership amid calls for his removal over ADA's price slump.

Charles Hoskinson, creator of Cardano, responded to critics demanding his removal by challenging them to explain how ADA could rise without him. The debate follows ADA's sharp price decline from its 2021 peak of $3.09 to around $0.2179, a drop of nearly 93%. Critics blame Hoskinson and Input Output Global for Cardano's prolonged weakness, while Hoskinson views the slump as temporary and highlights upcoming network upgrades and governance improvements. He aims to restore ADA's position and make it the top cryptocurrency, maintaining confidence in Cardano's future despite current challenges.

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