Austin Hilton, a prominent crypto YouTuber, has reaffirmed his strong commitment to Cardano (ADA) and its long-term outlook
Hilton explained that his confidence in ADA stems from his belief in Charles Hoskinson, his long-term vision for the project, and the broader momentum behind the Cardano movement.
Whales Dump ADA Amid Market Downturn
His commentary comes at a time when investors are reevaluating their positions in major altcoins like Cardano after the market endured one of its toughest weeks of the year.
For context, ADA traded near $0.80 before the October 10 market crash. However, the token briefly plunged to $0.33 that same day before rebounding into the $0.60 range just hours later.
Although this recovery offered temporary relief, ADA faced renewed downward pressure toward the end of November and into early December. Ultimately, its price dropped to $0.3719 on December 1.
By November 16, he reported that whale sell-offs had surged to 440 million ADA over the previous month.
Despite the intense selling pressure, Hilton emphasized that he is among the ADA holders who never sold their tokens. He said he trusts the direction Cardano is taking under Charles Hoskinson’s leadership and remains committed to holding his ADA.
Hoskinson has frequently outlined ambitious plans for Cardano, helping maintain confidence among long-term supporters like Hilton. During his recent livestreams, he expressed interest in uniting multiple Cardano-based blockchain projects. Some have suggested this could occur through the Midnight network.
He also noted that 2026 will be a pivotal year for Cardano, as the network is set to roll out the Leios scaling solution and launch the Midnight mainnet. Hoskinson also revealed plans to strengthen Cardano’s DeFi ecosystem over the coming year.
His broader objective is to position Cardano as the world’s leading cryptocurrency, a goal that would require ADA to surpass Bitcoin’s $1.83 trillion market valuation. ADA is currently trading at $0.4377, giving it a market cap of $15.71 billion.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I’m Not Selling My Cardano — I Believe in Charles Hoskinson, Top YouTuber Says
Austin Hilton, a prominent crypto YouTuber, has reaffirmed his strong commitment to Cardano (ADA) and its long-term outlook
Hilton explained that his confidence in ADA stems from his belief in Charles Hoskinson, his long-term vision for the project, and the broader momentum behind the Cardano movement.
Whales Dump ADA Amid Market Downturn
His commentary comes at a time when investors are reevaluating their positions in major altcoins like Cardano after the market endured one of its toughest weeks of the year.
For context, ADA traded near $0.80 before the October 10 market crash. However, the token briefly plunged to $0.33 that same day before rebounding into the $0.60 range just hours later.
Although this recovery offered temporary relief, ADA faced renewed downward pressure toward the end of November and into early December. Ultimately, its price dropped to $0.3719 on December 1.
By November 16, he reported that whale sell-offs had surged to 440 million ADA over the previous month.
Despite the intense selling pressure, Hilton emphasized that he is among the ADA holders who never sold their tokens. He said he trusts the direction Cardano is taking under Charles Hoskinson’s leadership and remains committed to holding his ADA.
Hoskinson’s Vision Fueling Cardano Holders’ Confidence
Hoskinson has frequently outlined ambitious plans for Cardano, helping maintain confidence among long-term supporters like Hilton. During his recent livestreams, he expressed interest in uniting multiple Cardano-based blockchain projects. Some have suggested this could occur through the Midnight network.
He also noted that 2026 will be a pivotal year for Cardano, as the network is set to roll out the Leios scaling solution and launch the Midnight mainnet. Hoskinson also revealed plans to strengthen Cardano’s DeFi ecosystem over the coming year.
His broader objective is to position Cardano as the world’s leading cryptocurrency, a goal that would require ADA to surpass Bitcoin’s $1.83 trillion market valuation. ADA is currently trading at $0.4377, giving it a market cap of $15.71 billion.