Cardano Founder Calls for a Radical Shift to Bitcoin DeFi
The post Cardano Creator Require a Radical Shift to Bitcoin DeFi appeared on BitcoinEthereumNews.com. Cardano eyes Bitcoin DeFi as its new story in the middle of weak cost action and fading investor self-confidence. ADA trades listed below key resistance levels with sellers controling, as technical indications suggest continued bearish pressure. Charles Hoskinson requires executive management and governance reform ahead of the Rare Evo conference. Cardano (ADA) faces an identity crisis with its rate moving near multi-month lows as a dispute has begun brewing with its neighborhood on the blockchain’s future direction. Now, founder Charles Hoskinson is calling for an extreme story shift– one that depends upon placing Cardano as a leading clever contract layer for Bitcoin DeFi. We got Leios, Hydra, Midnight, and Bitcoin DeFi together with governance, decentralization and security. Bitcoin DeFi is undoubtedly the biggest chance, however the single greatest concern is that we are missing out on a competent Foundation and executive authority to push these stories into… https://t.co/t3j4ULTTe8 — Charles Hoskinson (@IOHK_Charles) June 29, 2025
Hoskinson States Cardano Has a “Narrative Space” The core of the issue, according to Hoskinson, is that Cardano has a “narrative void.” Regardless of a string of developments– Leios, Hydra, Midnight, and the Glacier Drop– Cardano continues to fight public understanding as a laggard chain with no clear objective. Hoskinson believes Bitcoin DeFi represents Cardano’s finest shot at restoring significance. Projects like Minswap’s upcoming BTC combination, Lace Wallet’s growth, and the USDM stablecoin provide a concrete course toward unlocking Bitcoin’s $2 trillion liquidity swimming pool. Hoskinson stated: “The single most significant issue is that we are missing a competent Structure and executive authority to push these stories into the frame of mind of the area,” In the absence of such management, Hoskinson has tried to fill the vacuum– at terrific personal expense. Accusations of token misappropriation, public mockery by crypto influencers, and internal community silence have taken their toll. Related: Cardano ETF Approval Chances …
Hoskinson’s goal is to move beyond advertisement hoc management and into a structured, forward-facing organization capable of driving adoption for Cardano and ADA. ADA’s Price Chart Reflects the Unpredictability CoinMarketCap information shows that ADA trades at $0.5668, registering a 1.82% drop on the day. Related: ADA Eyes $2.40 as It Beats Ethereum and Solana ADA need to break above $0.5970 (BB midline) to even start neutralizing the present pattern.
