Hoskinson makes an extremely bullish statement about Cardano, sparking community enthusiasm

Input Output CEO Charles Hoskinson made a terrifying bullish post on X claiming that “Cardano will disrupt the internet” has sparked heated discussions in the community. Previously, he recently visited Washington, D.C. and pointed out that cryptocurrency legislation has made “significant progress”. Meanwhile, Grayscale’s multi-token ETF, including the ADA, has been approved by the U.S. Securities and Exchange Commission (SEC), and analyst Nate Geraci predicts its demand will be strong. Despite optimism, critics noted that the ADA has struggled to break through $1 and is currently trading at $0.922, down 70% from its 2021 peak.