Charles Hoskinson, the founder of Cardano, has expressed confidence in the future of the network, underscoring its potential to surpass Ethereum in the realm of decentralized finance (DeFi) and blockchain innovation.
Speaking during a recent interview with Dan Gambardello, host of the Crypto Capital Venture YouTube channel, Hoskinson noted the remarkable growth of the Cardano ecosystem, especially in the face of challenging market conditions. He emphasized the community’s dedication and collaborative efforts in propelling Cardano forward.
Despite initial scepticism labelling Cardano as a “ghost chain,” he stressed how the project had defied expectations, boasting over half a billion dollars in total value locked (TVL) during a bear market.
“We’ve had overwhelming participation and constant growth and innovation,” said Hoskinson, highlighting the vibrant…


