- Uphold responds to Hoskinson’s claim that Cardano will break the internet.
- ADA maintains 100% gains from $0.38 price level one year ago despite recent dips.
- Community shows mixed reactions to founder’s latest bold projection.
American cryptocurrency exchange Uphold has drawn attention to Cardano following founder Charles Hoskinson’s latest audacious prediction about the blockchain platform. The exchange responded to Hoskinson’s September 19 social media post where he claimed Cardano would “break the internet.”
Uphold asked the cryptocurrency community whether they consider Hoskinson’s statement bullish for Cardano’s future prospects. The exchange sought public opinion on the feasibility of such ambitious claims regarding the blockchain network.
The inquiry comes as Cardano continues building its ecosystem with planned upgrades and integrations in development. Hoskinson’s bold statement added to his collection of optimistic predictions about the platform’s potential impact on the industry.
Community divided on Hoskinson’s predictions
Uphold’s question generated mixed responses from cryptocurrency enthusiasts and ADA holders. Some community members expressed optimism about Cardano’s price trajectory despite recent market volatility affecting the broader crypto sector.
User BigDave shared positive expectations for ADA, predicting the token could rebound from current levels and target a minimum price of $1.55 by year-end. This projection comes as Cardano maintains significant gains over longer timeframes.
However, other community members remained skeptical about the founder’s claims. Several users noted they have heard similar bold statements from Hoskinson previously without corresponding market outcomes. Some expressed concern about current market conditions affecting both Bitcoin and altcoins.
ADA price performance shows mixed results across different timeframes. The token has gained over 100% from its $0.38 level twelve months ago, though it has participated in recent market-wide declines over the past week.
Historical pattern of bold statements
Hoskinson’s latest comment follows a pattern of ambitious predictions about Cardano’s future role in the cryptocurrency ecosystem. The Input Output Hong Kong founder has consistently positioned his project as a top-tier blockchain platform.
Recent statements from Hoskinson described Cardano as “decentralized, sound money,” comparing it favorably to Bitcoin in terms of monetary properties. He previously suggested Cardano poses the biggest competitive threat to Bitcoin’s market dominance.
The founder’s confidence in Cardano extends beyond price predictions to technical capabilities and adoption potential. His public statements often emphasize the platform’s research-driven approach and peer-reviewed development process.
NBA champion Scottie Pippen responded positively to Hoskinson’s “break the internet” comment, adding mainstream visibility to the discussion. Such high-profile endorsements could influence broader public perception of Cardano’s potential.
