Charles Hoskinson Denies Rumors of ADA Selling at Market Top

2026-01-13 09:54:01

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In recent days, the creator of Cardano faced questions raised by users on social media accusing him of liquidating ADA positions when the coin reached its all-time high of US$ 3.09. The founder quickly refutes these claims, attributing the spread of these rumors to automated bot activities fueled by unfounded speculation.

The Current ADA Scenario

Currently, Cardano is trading at US$ 0.39, reflecting a significant correction of approximately 87% since its peak recorded in 2021. This reality contrasts with allegations of personal manipulation, which gain strength especially during periods of volatility. Price performance, although challenging in the short term, does not divert the ecosystem from its fundamental goals.

Promising Future for the Network

Despite the price pressure, the team behind Cardano maintains an ambitious schedule. Relevant updates are scheduled for 2026, including the implementation of the Leios and Midnight projects. These initiatives represent significant steps to expand the network’s capacity and introduce new functionalities that promise to strengthen the ecosystem’s value proposition.

Hoskinson’s refutation of questions about his business operations highlights the importance of separating facts from unfounded speculation in the crypto environment, particularly when narratives gain traction based on assumptions. The focus remains on the technical improvements coming in the upcoming periods.

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