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- Hoskinson’s bullish comments on Cardano come amid progress on the CLARTIY Act this week, which he described as a pivotal step toward regulatory clarity.
- ADA price continues its upward momentum, trading near $0.90 with surging volumes and derivatives open interest at $1.87 billion.
Charles Hoskinson, the founder of Cardano blockchain, has made a bold prediction for his native blockchain to outperform in the coming days. “Cardano is going to break the internet,” said Hoskinson in his latest message on the X platform. His latest comments come after attending the crypto roundtable this week for advancing the CLARITY Act.
Cardano is going to break the internet
— Charles Hoskinson (@IOHK_Charles) September 19, 2025
Charles Hoskinson Remains Bullish on Cardano’s Future
Charles Hoskinson has been very bullish on the future of Cardano and has been working on establishing clear regulatory rules for digital assets. During a recent roundtable meeting with US lawmakers in Washington, D.C, over the progress of the CLARITY Act, Hoskinson praised Ripple, XRP supporters, and venture capital firm Andreessen Horowitz, as mentioned in our previous story.
The roundtable, which brought together lawmakers and crypto industry leaders, was described by Hoskinson as a pivotal step toward regulatory clarity for digital assets. He noted that the meeting was productive and highlighted growing cooperation between regulators and the industry.
Under the crypto-friendly Trump administration, Hoskinson has been optimistic about clear regulatory rules coming to the market. He, along with other crypto industry leaders, has been pushing for greater clarity and clear crypto rules. Although Hoskinson didn’t reveal much about his internet-breaking comment, which came during this regulatory development, it hints at big plans in this regard.
Hoskinson’s participation in the Washington roundtable signaled Cardano’s intent to take an active role in shaping U.S. crypto policy. Coinbase, Kraken, and Circle also joined the discussions, contributing to efforts to refine the CLARITY Act’s language. Their involvement highlights the push by major exchanges and stablecoin issuers for clearer, more predictable token classification standards.
ADA Price Eyes A Breakout Past $1
Cardano’s native cryptocurrency, ADA, has been on investors’ radar with steady gains and is eyeing a breakout past $1. As of press time, ADA price is trading around $0.90 with daily trading volumes surging near $32 billion.
As per the previous report from CNF, open interest in Cardano (ADA) derivatives climbed to $1.87 billion on Friday, up from $1.78 billion the previous day, according to CoinGlass data. The rise, driven by long positions, suggests increased trader confidence and signals fresh capital inflows into the ADA market. Analysts note that such moves typically reflect a broader risk-on sentiment among market participants.
The ADA price gained nearly 1% on Friday, marking its fourth straight day of gains. Moreover, the altcoin is now testing the upper trendline of a symmetrical triangle pattern on the daily chart, near $0.95.
Analysts note that a decisive close above this level could confirm a breakout, with the 61.8% Fibonacci retracement level at $1.0145 emerging as the next key target.
