Charles Hoskinson Claims Cardano (ADA) Will Surpass Bitcoin (BTC) and Ethereum (ETH) Within 20 Years

At the Cardano Summit in Argentina, Charles Hoskinson, founder of Cardano, claimed that within the next 20 years, the Cardano network would surpass

At the recent Cardano Summit in Argentina, Input Output Global (IOG) founder Charles Hoskinson outlined his ambitious vision for the future of the Cardano network. In a series of presentations, Hoskinson highlighted the upcoming implementation of the Voltaire era in Cardano, which will introduce a fully decentralized governance structure to the network. This development, he believes, will give Cardano a significant edge over its competitors, such as Bitcoin and Ethereum, which are both set to be surpassed by Cardano within the next 20 years.

Despite skepticism due to Cardano’s cryptocurrency, ADA, currently being the eleventh largest by market capitalization, Hoskinson maintains that Cardano’s advanced technology and focus on decentralization position it well for future growth. Once Cardano surpasses its competitors, Hoskinson predicts that governments will begin adopting it for operating their systems, given the network’s reliability. This development would not only have the potential to increase the value of ADA but also alter how blockchain technology is used by institutions and individuals. According to Hoskinson, this long-term perspective differentiates Cardano from other networks that aim for immediate results.

As we reported on Crypto News Flash, Hoskinson also emphasized the importance of decentralization as being essential for creating a secure, efficient, and reliable network. The onset of the Voltaire era marks the beginning of an on-chain governance system, enabling Cardano to quickly adapt and resolve any issues without third-party involvement. Furthermore, Hoskinson argued that this decentralized approach removes the dependency on venture capital and centralization, which affects other blockchain networks that are controlled by a few entities.

In addition to his presentations about Cardano, Hoskinson also spoke at the Tech Forum Argentina, where he discussed the structural weaknesses of the current economic system, focusing particularly on inflation in the United States.

“Money is being destroyed and when trust in money erodes, governments collapse. It is a social law that leads directly to social change,” Hoskinson said.

He noted that despite overall slowdowns in inflation, prices for certain items have increased by up to 200%. According to Hoskinson, this highlights the traditional monetary system’s inability to sustain public trust, underscoring the potential benefits of a decentralized financial system like Cardano’s.

Hoskinson’s comments at both events underscored his vision for Cardano as a leading force in the future of both finance and blockchain governance, thanks to its technological foundations and governance model.

The current price of Cardano (ADA) is approximately $0.360, showing a strong increase of 2.56%. Recently, ADA formed an uptrend channel, indicating bullish momentum. Resistance is expected around the $0.46 mark, while support is seen at $0.34. If the price remains above $0.34, we can expect further upward movement toward $0.37 and $0.41.

Technical indicators are mostly neutral, with the potential for an upward breakout if bullish pressure continues. A break below $0.34 could shift momentum toward a bearish trend.

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