Charles Hoskinson pulls no punches. The Cardano co-founder boldly states that 99% of altcoins are destined to vanish due to speculation, lack of fundamentals, or an inability to withstand market cycles.
According to Charles Hoskinson, ADA is part of the elite 1% of cryptocurrencies capable of surviving market cycles, maintaining a market cap above $10 billion. Yet, despite the post-halving Bitcoin bounce, ADA remains 85% below its ATH of $3.10 reached in 2021, fueling criticism and doubt. Hoskinson downplays this underperformance, attributing it to short-term speculation and the macro environment marked by quantitative tightening, rising interest rates, and risk aversion.
The situation could change, however. The Federal Reserve is ending QT and injecting $13.5 billion into the banking system, while a rate cut in December is being considered. In this environment, Hoskinson anticipates renewed interest in speculative assets like ADA, with 2026 as a pivotal year. This confidence rests on Cardano’s historical resilience, surviving bear markets since 2017, with an active community and continuous development.
This ability to weather cycles represents, according to Hoskinson, the true measure of viability. Unlike thousands of disappeared altcoins, ADA has maintained its infrastructure, strengthened its ecosystem, and retained its position among the largest market caps. For the co-founder, these solid fundamentals justify its lasting presence in the market.
Technical signals reinforce this outlook. This week, ADA formed a double bottom around $0.387, a reversal pattern capable of triggering a breakout from the descending channel in place for nearly a year. The RSI is bouncing from the oversold zone at 30, while the MACD is positively diverging from its signal line, validating short-term bullish momentum.
The targets derived from this pattern point toward $0.60, a critical level that served as support during the consolidation phase. A breakout with volume would confirm the trend change and could pave the way toward the current cycle’s highs. Some analysts even project a +300% move to $1.80, contingent on a broader bullish return of the crypto market.
However, validating this scenario will depend on ADA’s ability to definitively break its bearish channel. The market remains sensitive to macro conditions and institutional flows. If momentum confirms, Cardano could become one of the major contenders in the coming bull cycle, supported by its fundamentals and a more favorable economic landscape.
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