Foreign media: Charles Hoskinson, founder of Cardano, recently released a video addressing concerns over ADA's price, foundation governance, and community controversies. He stated that he has never been responsible for "pushing the price back up" and does not believe this should be the responsibility of a founder.
ADA's price is not his goal.
Hoskinson said that ADA rose from 2.5 cents to $3, demonstrating how quickly the crypto market can change. However, he emphasized that boosting a token’s price through behind-the-scenes coordination or political maneuvering does not align with his principles.
He also stated that if the community expects someone to push ADA back to its all-time high, he is not the right person for the job. He believes that the competition to "raise the token's price" has no end, as there will always be someone demanding a higher price.
The lack of foundation governance is the biggest regret.
Hoskinson described the structure of the Cardano Foundation as the biggest mistake of his career, noting that ADA holders lack effective oversight over the foundation’s board and personnel, making accountability difficult.
He added that a lack of accountable structures often leads to mediocrity and can even cause execution to deviate from community expectations.
He said the Cardano ecosystem is still ongoing.
In response to external criticism, Hoskinson said that the community's sentiments are understandable, but he is unwilling to remain in an environment characterized by hostile communication.
He ultimately emphasized that Cardano is not "dead." He also stated that he would step back temporarily to reflect, and called on the community to calm down and reassess each other's roles and positions.