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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
Hoskinson says RealFi testnet is key pillar to grow Cardano DeFi
Charles Hoskinson (찰스 호스킨슨) has described Cardano\'s RealFi as a core service that can raise total value locked and on-chain transactions. He said the protocol structure locks deposited assets to generate returns that are redistributed, creating on-chain activity through deposits, withdrawals and yield distribution. His comments followed early traction for the phase-one testnet, with more than 1,000 participants and nearly 500 verified wallets. RealFi aims to link DeFi with real-world finance services.
Crypto
Charles Hoskinson stays confident in Cardano long-term outlook despite ADA slump; \"It goes to $3.10\"
Charles Hoskinson reaffirmed confidence in Cardano\'s long-term outlook despite ADA\'s recent weakness. He said short-term price moves do not determine a project\'s technology and noted ADA has previously surged and plunged, rising from $0.025 to $3.10 in 2021 before a sharp correction. He said Cardano\'s strength lies in its development philosophy. Hoskinson also pointed to Midnight and Cardano\'s RealFi testnet phase 1 as key steps.