# Cardano Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Cardano", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Cardano Just Took Another Major Hit Amid Zombie Chain Allegations

Cardano analytics platform TapTools announced it is shutting down within two weeks, citing a loss of key technical leadership and unsustainable operational costs. This major blow to the ADA ecosystem occurs amid allegations of Cardano being a "zombie chain" with low activity. Data shows ADA's DeFi TVL has dropped to just above $100 million, with the token price crashing to a five-year low near $0.16. Cardano founder Charles Hoskinson commented on the challenging market conditions, noting his proposal to use treasury funds to help projects was rejected by the community. He warned of more potential failures in the network's DeFi ecosystem in the coming months.

bitcoinist3h ago

Cardano Just Took Another Major Hit Amid Zombie Chain Allegations

bitcoinist3h ago

Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

Cardano founder Charles Hoskinson dismissed rumors of his departure, clarifying in a June 4 livestream that he is only stepping back from public communication, not resigning from the project. This followed community concern after his "taking a break" post on X. Hoskinson cited an unsustainable level of online toxicity, with nearly one-third of replies to his posts being hostile or abusive, making meaningful engagement nearly impossible. While acknowledging X's role in crypto information flow, he stated the psychological cost is too high. He emphasized his focus remains on technological development like RealFi, Midnight, and research, not on ADA's price. Hoskinson described a "tale of two Cardanos": significant protocol advancements versus poor market performance leading critics to label it a failure. He called for the community to resolve this dissonance by moving discussions away from X, rethinking incentives, and developing a new shared roadmap. He was critical of the Cardano Foundation's lack of accountability. Hoskinson announced he will take time away from public videos and social media to reflect, but will continue working on Midnight. He stated he will only engage in channels where he is treated with respect and dignity.

bitcoinist9h ago

Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

bitcoinist9h ago

Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings

Cardano's native token, ADA, has plummeted below the critical $0.20 support level for the first time in over five years, experiencing a monthly drop of approximately 30%. The selloff is driven by a dual pressure: broad crypto market bearishness and fresh warnings from Cardano co-founder Charles Hoskinson. He cautioned that the ecosystem could face a wave of project failures and DeFi shutdowns in the latter half of the year. This warning followed the imminent shutdown of TapTools, a key infrastructure service supporting over a million users and hundreds of Cardano-native protocols. Hoskinson framed this not as an isolated event but as a sign of deeper ecosystem stress, later stating he was "taking a break." Analyst Ali Martinez suggests this combination could push ADA toward much lower levels, with potential weekly chart targets at $0.11 and ultimately $0.051, representing a drastic 71% decline from current prices.

bitcoinist19h ago

Cardano (ADA) Crashes To Five-Year Low: Top Analyst Targets $0.051 After Hoskinson’s Warnings

bitcoinist19h ago

Cardano Founder Hoskinson Says He’s ‘Taking A Break’: Here’s What Happened

Cardano founder Charles Hoskinson announced he is "taking a break" on X, following a tense livestream where he expressed frustration over his limited power within Cardano's decentralized governance system. This comes amid growing ecosystem pressures, highlighted by the shutdown of the key analytics platform TapTools due to senior departures and rising costs. Hoskinson argued that Cardano's governance, designed to shift control to the community, now leaves him with no unilateral authority over the treasury, protocol upgrades, or brand infrastructure. He noted he is often blamed for ADA's price and ecosystem issues despite having no direct control. This dynamic was recently seen when a Cardano Foundation funding proposal for a 2026 summit was rejected by the community vote. The situation underscores a central tension for Cardano: its governance can reject major spending but may struggle to act swiftly to support critical infrastructure during a downturn. Hoskinson's break reflects the personal strain of this decentralized model, where founder influence is intentionally limited.

bitcoinistYesterday 21:31

Cardano Founder Hoskinson Says He’s ‘Taking A Break’: Here’s What Happened

bitcoinistYesterday 21:31

Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

Cardano co-founder Charles Hoskinson has issued a severe warning, predicting a "wave of failures," forced consolidation, and DeFi shutdowns across the Cardano ecosystem in the second half of 2026. His comments followed the sudden shutdown announcement of TapTools, a major analytics and infrastructure platform for Cardano, citing unsustainable costs. Hoskinson framed this not as an isolated incident but a sign of deeper ecosystem stress, acknowledging that a proposed treasury-funded index to support projects never materialized. He subsequently announced he was "taking a break." The crypto community reacted with strong criticism. Prominent figures accused Hoskinson of overselling Cardano's potential and failing to deliver on promises, leaving investors to suffer. The ecosystem faces significant challenges: Cardano's Total Value Locked (TVL) ranks only 28th, its 2026 summit was canceled, engineering funding was slashed, and ADA's price has fallen below $0.20 for the first time in over five years. Hoskinson's own bleak assessment raises fundamental questions about Cardano's ability to reverse its current trajectory.

bitcoinistYesterday 17:01

Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

bitcoinistYesterday 17:01

Hoskinson Warns Of Cardano ‘Wave of Failures’ After TapTools Shutdown

Cardano founder Charles Hoskinson warns the ecosystem could face a "wave of failures" following the shutdown announcement of data and analytics platform TapTools. Citing leadership departures and unsustainable platform economics, TapTools is winding down operations despite serving over a million users. Hoskinson framed this not as an isolated incident but as a symptom of broader funding, coordination, and incentive problems within Cardano. He predicts more project failures in the second half of the year due to difficult market conditions. Hoskinson expressed frustration that proposed solutions, like a sovereign wealth fund or strategic acquisitions, have failed to gain sufficient support or faced criticism for centralization. He emphasized his lack of unilateral control over Cardano's governance, treasury, or direction, shifting responsibility to DReps and delegators to choose a clear growth strategy. The livestream concluded with a critique of Cardano's political culture and a discussion of potential extreme measures, including governance reform or even a new chain, if the current structure cannot support builders.

bitcoinist2 days ago 18:02

Hoskinson Warns Of Cardano ‘Wave of Failures’ After TapTools Shutdown

bitcoinist2 days ago 18:02

Cardano Or Solana? Expert’s Top Pick After ADA, SOL Dip 10%

The broader crypto market pulled back as Bitcoin briefly fell below $67,000, causing Solana (SOL) and Cardano (ADA) to each drop 10% weekly. Market expert Anders Bylund compared the two networks, ultimately favoring Solana. He frames Solana as a network built for speed and low transaction costs, though its history includes outages and technical issues, with stability improving recently. Cardano is described as taking a methodical, research-first approach focused on correctness and formal verification, which may slow development. In terms of practical usage, Bylund highlights Solana's significant lead, noting its decentralized exchanges handle over 400 times the volume of Cardano's. While acknowledging Cardano's dedicated community, he argues Solana's clear activity metrics make it the stronger pick for investors, who will be judged on real-world adoption rather than research elegance. The report adds a risk warning, stating both assets are volatile and would likely fall 50-70% if Bitcoin dropped 30%. At the time of writing, ADA traded at $0.21 (down 92% from its all-time high) and SOL at $76 (down 73% from its peak).

bitcoinist2 days ago 05:05

Cardano Or Solana? Expert’s Top Pick After ADA, SOL Dip 10%

bitcoinist2 days ago 05:05

Cyber Capital CIO Says Ethereum Failed, Calls Vitalik A ‘Dictator’—Citing A ‘Fatal Combination’

Cyber Capital CIO Justin Bons criticized Ethereum, calling co-founder Vitalik Buterin a "dictator" steering the network towards "oblivion." He argued Ethereum suffers from a "fatal combination" of centralized governance and scaling dysfunction, particularly critiquing its L2 and ZKEVM roadmaps for making ETH "utterly uncompetitive" in speed and cost. Bons contends these choices, prioritizing decentralization at the expense of utility, threaten Ethereum's long-term viability and security funding. He suggested alternatives like Solana (SOL), Hyperliquid (HYPE), NEAR, and Cardano (ADA) as faster, cheaper, and more decentralized. Bons concluded Ethereum has "failed," with "no hope" for recovery due to entrenched leadership, as ETH traded below $2,000, down 60% from its all-time high.

bitcoinist06/02 06:32

Cyber Capital CIO Says Ethereum Failed, Calls Vitalik A ‘Dictator’—Citing A ‘Fatal Combination’

bitcoinist06/02 06:32

How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill

The upcoming CLARITY Act crypto bill, expected for a Senate vote in June, could bring significant regulatory clarity and drive adoption in the cryptocurrency market. Analysts like CharuSan believe this clarity could attract hesitant institutions, citing the immense scale of traditional financial markets. Cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA) are highlighted as projects poised to benefit strongly due to their real-world use cases and potential to thrive under a clearer regulatory framework. XRP, in particular, is emphasized as a top beneficiary, with market experts like Oscar Ramos predicting a major price breakout after the bill's passage, potentially reaching between $2.80 and $4. The progress of the CLARITY Act is entering a crucial phase with Senate briefings underway, and a successful vote could trigger immediate positive price movements for these assets.

bitcoinist06/02 02:02

How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill

bitcoinist06/02 02:02

Cardano Strengthens Cross-Chain Connectivity Across The Blockchain Ecosystem – What This Means For The Network

Cardano is making significant progress in cross-chain connectivity, enhancing its interoperability with major networks like Bitcoin, Ethereum, Solana, and Avalanche. This move towards a more integrated multi-chain ecosystem opens new opportunities for users and developers, potentially attracting more inflows and transactions while supporting a Bitcoin DeFi resurgence. The network's focus on security and reliability through its consensus design and continuous operation is highlighted as a key strength in a sector facing outages and attacks. However, ADA's price is testing a critical historical support level around $0.247. A break below could signal a deeper correction, with long-term accumulation targets identified between $0.113 and $0.051.

bitcoinist06/01 20:02

Cardano Strengthens Cross-Chain Connectivity Across The Blockchain Ecosystem – What This Means For The Network

bitcoinist06/01 20:02

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