
Charles Hoskinson, the co-founder of Cardano, has expressed confidence in the cryptocurrency's future, particularly in relation to Bitcoin's Layer 2 solutions. He criticized Ethereum's focus on Layer 2 technologies and highlighted the scalability challenges faced by Solana. Hoskinson's strategy involves a partnership with BitcoinOS, which he believes could unlock substantial value for Cardano. Analysts are optimistic about Cardano's potential, predicting that the expansion of Bitcoin's decentralized finance (DeFi) ecosystem could propel the price of ADA to $10. Recent sentiments from the community indicate a strong belief in Cardano's performance, with several users noting its resilience and strength in the current market.