Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) set a long-term benchmark for ADA’s success as securing the world’s leading blockchain position, rather than a simple price rebound.

On June 30 (local time), blockchain outlet The Crypto Basic reported that Hoskinson said the Cardano ecosystem’s ultimate success is not limited to recovering past highs, but to moving far beyond that level.

He stressed that he does not judge Cardano’s success only by price or market value. Cardano’s real achievement, he said, is building decentralised technology that can change the world. He described the long-term vision as ultimately rising to become the world’s most advanced blockchain protocol. He also argued that becoming a dominant blockchain network could change the broader industry and have a positive impact on society.

The comments came as ADA’s price and ecosystem indicators remain weak. ADA is trading around $0.1441, down 95.34 percent from its all-time high of $3.10 set in September 2021. It has fallen 5.55 percent over the past week and 39.1 percent over the past month, with bearish pressure continuing.

Its ranking by market value has also slipped. ADA stayed for a long time among the top cryptocurrencies, but it has now dropped to 18th globally. To regain the previous all-time high of $3.10, it would need to rise about 2,052 percent from the current price. In that case, Cardano’s market value would grow to about $112.84 billion, and calculations also show it could enter the top four by overtaking BNB, assuming competing assets’ market values do not change significantly.

Even so, Hoskinson did not lower his target. He believes Cardano will eventually surpass its previous peak and can become a leading cryptocurrency network that even overtakes Bitcoin in the long term. He sees this goal as achievable over time if continued investment and ecosystem expansion persist.

Views inside and outside the market are mixed. Some critics view Hoskinson’s outlook as overly optimistic. They pointed to his past warning that a large number of failures could occur among Cardano-based projects, and said the ecosystem still faces significant challenges. They see the idea of overtaking Bitcoin to become the industry’s dominant blockchain as unrealistic.

Hoskinson has remained confident despite the criticism. He sees Cardano as capable of creating change worldwide through decentralised infrastructure rather than a simple price recovery. He cited core technologies including the extended UTXO accounting model, or EUTXO, a proof-of-stake consensus structure, on-chain decentralised governance and the Midnight project. He said these elements could help drive down the cost of trust worldwide.

The key points to watch around Cardano are clear. The market is watching not only whether ADA rebounds but also whether the technology and governance strategy Hoskinson has presented will translate into actual ecosystem growth. Whether Cardano can turn its long-term vision into achievable results remains a key variable amid price weakness and a falling ranking.

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