Cardano’s Hoskinson Says ‘Best Days Are Ahead’: ADA Price Down 95% From Top

Charles Hoskinson says Cardano’s “best days are ahead,” even as its native token, ADA, trades 95% below its all-time high. The Cardano founder made the remark during a recent X AMA. He was responding to ADA’s prolonged slump and the criticism that has followed it.

Why Cardano is Feeling the Pressure ADA trades near $0.16 today. The token hit its all-time high of $3.09 in September 2021 and has fallen 53% so far this year alone. ADA has been on a slide for the past seven days; this comes after it rose just under $0.20 on July 5.

Image Source: Coin Gecko Governance disputes, builder shutdowns, and Cardano’s canceled 2026 summit have deepened the pressure. Hoskinson has also faced mounting criticism from the community over the slide.

He stepped back from social media at one point, then returned to address the backlash directly. “I still do believe our best days are ahead of us, and I still do believe that we can succeed despite the demons we’ve let in.