MAROKO133 Hot crypto: Charles Hoskinson Responds to Criticism of Cardano DeFi and ADA Hold

📌 MAROKO133 Hot crypto: Charles Hoskinson Responds to Criticism of Cardano DeFi an

Cardano founder Charles Hoskinson has responded to renewed criticism about the network’s total value locked (TVL) and relatively sluggish decentralized finance (DeFi) growth.

On October 31, Hoskinson acknowledged the gap between Cardano’s DeFi activity and leading blockchains like Ethereum and Solana. However, he said the numbers fail to capture the network’s broader participation and governance strength.

Cardano Bets on Bitcoin Interoperability to Unlock Billions in DeFi Liquidity

Hoskinson pushed back on the long-standing belief that introducing major stablecoins such as USDT or USDC would automatically transform Cardano’s DeFi ecosystem.

“No one’s ever made the argument and explained how the existence of one of these larger stablecoins is magically going to make Cardano’s entire DeFi problem go away, make the price go up, massively improve our MAUs, our TVL, and all these other things,” he said.

He argued that their arrival alone would not solve the network’s structural challenges or guarantee growth.

According to him, Cardano already has native, asset-backed stablecoins like USDM and USDA that can be minted at will and rarely lose their peg.

Instead, Hoskinson pointed to user behavior as the main reason Cardano’s DeFi TVL remains small.

For context, he noted that the network has about 1.3 million users who stake or participate in governance, collectively holding more than $15 billion in ADA.

However, those figures don’t count toward TVL metrics, and most ADA holders remain passive participants rather than active liquidity providers.

“Cardano has a fertile ecosystem. There’s a lot of people floating around. There’s a lot of people who hold ADA, who have Cardano wallets, who have been in our ecosystem — in many cases more than five years. But not a lot of those people have crossed the chasm to use DeFi in Cardano,” he stated.

He added that this distinction creates a “chicken-and-egg” loop for Cardano’s ecosystem. According to Hoskinson, the network’s low activity deters partnerships and liquidity, while the lack of external integrations further limits on-chain adoption.

To counter these limitations, Hoskinson outlined a multi-year roadmap that ties DeFi growth to real-world finance and Bitcoin interoperability.

He highlighted the Midnight network—a privacy-focused sidechain—and RealFi, a microfinance platform targeting African markets, as key initiatives.

Both will integrate with Bitcoin DeFi, allowing ADA and BTC to be lent, converted into stablecoins, and used in real-world lending products.

Hoskinson expects this combination to drive “billions of dollars” in new liquidity while attracting Bitcoin’s vast capital base. He also cited ongoing projects such as Leios, as proof that Cardano continues to evolve at the protocol level.

Still, he conceded that Cardano’s core issue is coordination and accountability, not technology.

“It’s not a technology problem. It’s not a node problem. It’s not a problem of imagination and creativity. It’s not a problem of execution. We can pretty much do anything. It’s a problem of governance and coordination and ultimately accountability and responsibility,” Hoskinson said.

To fix this, he proposed delegating clear responsibility for ecosystem expansion. He also called for targeted marketing and event strategies to mobilize ADA holders toward DeFi participation.

“The problem isn’t the ability to do a marketing campaign. The problem isn’t our ability to ship great software. It’s that there’s no one accountable to actually conceive of it, execute it, and be held accountable to the outcome of it. That’s the problem in a nutshell. So that is the problem we have to solve next year as we look to 2026,” He stated.

The post Charles Hoskinson Responds to Criticism of Cardano DeFi and ADA Holders appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com

📌 MAROKO133 Eksklusif crypto: Ethereum Price Prediction: Traders Watch $3,802 – Is

During the European session, Ethereum (ETH) is trading near $3,802, showing mild gains as traders weigh whether the next move will be a breakout or a pullback. With a market cap of $467.7 billion, ETH remains the second-largest cryptocurrency, but its price action has tightened notably inside a symmetrical triangle pattern that’s been forming since mid-October.

This setup reflects growing indecision as volatility compresses between key resistance at $4,255 and support around $3,680–$3,750. Buyers continue to defend the lower boundary, while sellers maintain control near the top.

For now, the market is at a standstill, and traders are watching closely to see whether Ethereum’s next decisive move will tilt the balance higher or lower.

Ethereum Technical Setup: Momentum Builds

Ethereum price prediction remains neutral as ETH is trading sideways with in a symmetrical triangle pattern. Ethereum’s 20-period EMA has flattened, reflecting indecision among traders, while the RSI, hovering near 46, shows early signs of recovery from oversold conditions.

Recent spinning tops and Doji candles point to short-term uncertainty, but the sequence of higher lows since September suggests that accumulation continues beneath the surface.

A breakout above $4,030 could confirm bullish momentum, potentially driving prices toward $4,255 and, later, $4,536 – the next resistance zone. However, a break below $3,680 might invite fresh selling pressure, exposing downside targets at $3,509 and $3,356, which align with the broader ascending channel visible on higher timeframes.

Ethereum Price Forecast: Bullish Bias Ahead

Market participants see Ethereum’s current formation as a coiling spring—ready for a decisive move in November. Historically, symmetrical triangles preceding a breakout often lead to a 10–15% surge once confirmed.

If ETH sustains momentum above $4,030 with strong volume, it could pave the way for a rally toward the $5,000 psychological mark, a level last seen in early 2022. Conversely, failure to hold above $3,680 would signal weakness, likely prompting short-term consolidation before the next bullish leg.

For active traders, maintaining flexibility is key—waiting for confirmation rather than prediction. With Ethereum’s volatility tightening, the coming breakout could shape the market’s tone for the rest of the month.

Trade Setup

• Entry: Above $4,030 (confirmed breakout)
• Stop-Loss: Below $3,680 (trendline support)
• Targets: $4,255, $4,536, and $5,000

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.

Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $25.5 million, with tokens priced at just $0.013205 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

Click Here to Participate in the Presale

The post Ethereum Price Prediction: Traders Watch $3,802 – Is the Next Move Up or Down?  appeared first on Cryptonews.

🔗 Sumber: cryptonews.com