Charles Hoskinson says Cardano roadmap is complete after ADA falls 94% from high

Key points

• Hoskinson said the roadmap is complete and he has "no power over this ecosystem" after the Plomin hard fork in January 2025.
• ADA is down more than 94% from its 2021 all-time high of $3.09 and 86% from its 2024 high, at $0.17.
• A viewer challenged him over past claims Cardano could overtake Bitcoin; Hoskinson said he never promised price gains.

Charles Hoskinson says the Cardano roadmap is complete, telling a YouTube livestream on Saturday that everything he said would be built has been built. The Cardano founder made the remark during a back-and-forth with unhappy investors, according to Decrypt, as ADA trades far below its earlier peaks.

One viewer accused Hoskinson of having promised that Cardano would overtake Bitcoin. He rejected that, saying he had only called it possible and that he does not promise price appreciation. When the viewer produced an older quote, Hoskinson stressed the word "think" and said he had taken the project as far as he could, with the network now decentralised and self-governing.

Basho followed through the Vasil upgrade in September 2022, and the Chang hard fork began the Voltaire governance era in September 2024. The Plomin hard fork in January 2025 gave ADA holders voting power and completed the transition to full decentralised governance.

Hoskinson said the real complaint is financial, telling the viewer: "You want me to pump your bags." ADA reached an all-time high of $3.09 in 2021, fell to $0.25 in 2023, then rose 384% to $1.21 by the end of 2024 before dropping 86% to $0.17.

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