Cardano Founder Predicts ADA Could Reach $10 if Community Support Grows

Charles Hoskinson, Founder of Cardano, predicts that ADA could reach between $3 and $10 if Input Output Global’s scaling roadmap is completed and the community remains committed. He highlights the importance of funding, project upgrades, and governance participation for Cardano’s future growth.

By Shailendra Kushwaha Apr 29, 2025, 10:54 IST

Cardano Founder Charles Hoskinson recently gave a positive vision for the future of the ADA token in a live stream. According to Hoskinson, in the event that Input Output Global (IOG) executes its roadmap and the Cardano community maintains an active support for the project, the Cardano price can grow to between $3 and $10 in the future.

His optimistic projection has brought new energy among Cardano investors and has bolstered their faith in the long-term prospects of the project.

Charles Hoskinson's Big Statement Regarding ADA's Future

In his live session, Hoskinson reiterated that if IOG's roadmap is realized to the fullest, ADA may be able to reach $3, $5, or even $10. But he reiterated that such growth is highly dependent on the unflinching support and dedication of the Cardano community.

Hoskinson estimates that for ADA to reach $10, it would need a gargantuan 1,300% rally, with at least 300% growth being a make-or-break in the near term. He noted that Cardano's future prosperity depends on ongoing funding and commitment from its holders.

Though Cardano has done its first scaling roadmap, Hoskinson disclosed that even more advanced scaling projects remain in the pipeline. Yet, he cautioned that these projects would be in danger if adequate funds are not secured.

He further added that if the community does not approve the suggested budget, IOG may be forced to stop development after the Leios upgrade. "You are investing in IOG's vision, and keeping the team intact is key to Cardano's long-term growth," he stated.

Community Discussions Intensify Over ADA's Progress

In response to Hoskinson's remarks, there has been heated debate in the Cardano community. Most have wondered if Cardano can be said to be complete without the implementation of all scaling solutions that had been planned. Others have also challenged the project's decentralized governance model.

Technically, ADA is currently trading at about $0.7044. If the token has support at $0.70, the next best target could be $0.764, making the way up to $1. But if ADA drops below $0.70, then it will go down further to about $0.674 or $0.60.

Hoskinson also stated that Cardano is developing Bitcoin support for the Lace Wallet and a Bitcoin bridge, allowing Bitcoin-based DeFi applications to run on the Cardano network. Those who wish to learn more about what Cardano is and how it compares to Bitcoin can look into other resources.

Grayscale's Greater Interest in ADA

Piling on the optimistic momentum, Grayscale has revived interest in Cardano. Grayscale has applied for a spot Cardano ETF with the New York Stock Exchange (NYSE), an application accepted by the SEC. As reported by Polymarket, there is now an increased probability of approval for the ETF from 20% to 51%, with a conclusion due by August 2025.