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Crypto

Cardano jumps as bitcoin trades sideways, hits five-month high

Cardano\'s ADA token rose as much as 12 percent to $0.27, its highest level in five months, as bitcoin and ether showed little movement. The jump coincided with expectations for network expansion and new service launches, including the RealFi RWA tokenisation platform and USDr stablecoin integrations. Founder Charles Hoskinson posted a chart and the hashtag #LeiosIsComing, boosting expectations for the Linear Leios upgrade. Data suggested throughput gains in tests, but short-covering and limited inflows were also cited.

Crypto

Charles Hoskinson: I am not Cardano CEO, rebuts claims he is responsible for growth

Charles Hoskinson rejected claims that he is responsible for Cardano adoption and ecosystem growth, saying the network is decentralised and he has no official leadership role. He also denied being Cardano’s CEO, calling himself CEO of Input Output Global (IOG). His remarks followed criticism that Cardano should focus more on adoption and development. The exchange comes as long-term holders voice dissatisfaction over ADA’s price weakness.

Crypto

Why a Web3 founder is watching Cardano

Cardano (ADA) is drawing renewed attention as a long-term altcoin to watch, supported by a shift toward community-led governance, a scalability roadmap and efforts to expand its DeFi ecosystem. Web3 founder Lucky, a bitcoin supporter since 2015, cited Cardano among altcoins he is monitoring and said he is focused on development that could shape long-term competitiveness. Cardano is pursuing Layer 1 and Layer 2 upgrades and broader DeFi and application use cases.