Home
Crypto News
Market
Cardano Founder Says Midnight Success Proves He Is Not a Liability to Cardano Growth
August 4, 2025
Cardano founder, Charles Hoskinson
Cardano founder Charles Hoskinson has pointed to the success of Midnight pre-launch as proof that he is no hindrance to the growth of the Cardano ecosystem. Hoskinson shared in an August 3 tweet that Midnight, a project he is deeply involved with, is experiencing strong institutional interest as its NIGHT token airdrop and mainnet launch inch closer. As such, speculations that he is a deterrent to the progress of Cardano do not hold water.
The founder hits back at the bad faith take that he is hindering Cardano’s growth, flaunting Midnight’s success as a perfect indicator. He further assured his critics that he is here to stay, insisting they should deal with it.
However, the Cardano founder maintains that he is not a liability. He maintained that if he were the case, as some suggest, Midnight would have also suffered from his involvement. Furthermore, Hoskinson suggested that these pessimistic sentiments against him seem to be limited to X and among those living in “eco-chambers.”
Aside from them, he noted that others view him as a valuable addition to the Cardano ecosystem. As a result, the founder concluded that the fight against him is “getting really old” and is a lost cause.
Notably, Hoskinson’s battle with a faction of the community has endured for some time now. For context, a meme coin fallout in November led to an organized poll where a majority of voters believed he was “a cancer” for Cardano. This led him to announce he was going off the grid for some time to heal from the personal attacks.
Hoskinson Highlights His Major Wins for Cardano
Furthermore, Hoskinson mentioned a few things he has helped the Cardano ecosystem achieve recently. He started with Midnight, sharing that the forthcoming privacy-focused network has partnered with over a hundred ventures across eight ecosystems and is getting liquidity from CNAs.
Hoskinson further noted that Cardano is leading in the Bitcoin DeFi narrative, tipped to bridge billions of TVL and millions of transactions into the ecosystem. He also highlighted his efforts on the IOG Peras and Leios upgrade and the launch of the layer 2 scaling solution, Hydra.
Additionally, he marketed Cardano on the Shawn Ryan Show in July, noting that it opened the ecosystem to 19 million new people. This adds to the bridges his team built with dozens of decentralized applications (DApps); all aimed at developing Cardano.
Tags
Charles Hoskinson News
Latest Cardano (ADA) Crypto News Today
