Cardano Founder Hoskinson: Crypto Market Experiencing Worst Sentiment in 15 Years

Cardano (ADA) founder Charles Hoskinson stated in a public address that the cryptocurrency industry is currently experiencing its lowest sentiment trough since he entered the field 15 years ago. He noted that pessimism and disappointment are pervasive in the market, with many losing faith in the future, and the depth and breadth of this sentiment are unprecedented.

Hoskinson emphasized that the key to overcoming the difficulties is not to rely on external environmental improvements, but to reshape the industry's spirit through individual and collective positive actions. He said, "Our way out is to become better, to become different—to give people a real reason to be excited. That starts with us, it starts with how we conduct ourselves, how we work together. Tools are powerful, but they are no substitute for will and action."

He further envisioned that 2026 could be a turning point for the industry. If the current difficulties persist, he firmly believes that Cardano and its ecosystem will rise at this time with the most determined posture, becoming the leader of the new crypto era. "We will end this year not as losers, but as flag bearers of a new era—a crypto world driven by optimism, based on action, and making people believe that collaboration can create great achievements." Hoskinson's speech focused on spiritual reconstruction and long-term belief, rather than short-term price fluctuations, conveying a firm confidence in technology implementation and community cohesion.