Hoskinson is optimistic about the future $ADA
Hoskinson shared his optimistic forecast regarding Cardano and ADA in a post on X (formerly Twitter), referring to new developments in the blockchain ecosystem. He believes that governance in the blockchain has been successful and will continue to be so. Hoskinson stated that these changes in the Constitution and governance of the blockchain 'will create an extremely strong foundation for Cardano's entry into 2025'. Reflecting this optimism, the ADA token has risen by 12.38% in the last 24 hours, and at the time of publication, the altcoin is trading at $0.885, targeting a price level of $1.
According to CoinMarketCap, the ninth largest digital asset with a market capitalization of $31.02 billion has fallen by a whopping 71.39% compared to its all-time high of $3.10 recorded during the previous bull run of 2021. In the last week, ADA has risen by 43.95%, and in the last 30 days, it has sharply increased by 140.72%.
