Cardano (ADA) Price: Hoskinson Says ‘Best Days Are Ahead’ As ADA Sits 95% Below All-Time High
TLDR
- ADA trades near $0.165, down 95% from its $3.09 all-time high set in September 2021
- ADA has fallen 53% so far in 2026 alone
- Hoskinson acknowledged “demons” holding Cardano back and called for a strategy change
- Derivatives data shows bearish sentiment, with a long-to-short ratio of 0.82 and negative funding rates
- Key resistance levels sit at $0.173, $0.195, and $0.231, with support at $0.150
Cardano founder Charles Hoskinson says the project’s “best days are ahead,” even as ADA trades 95% below its all-time high of $3.09, set in September 2021.
Hoskinson made the comment during a recent X AMA, responding directly to criticism over ADA’s prolonged price decline.
Surprise AMA 07-27-2026 https://t.co/agI4wNTRlQ
- Charles Hoskinson (@IOHK_Charles) July 27, 2026
ADA is currently trading at around $0.165. The token has dropped 53% in 2026 alone, and has been sliding for the past seven days after briefly touching just under $0.20 on July 5.
The pressure on Cardano goes beyond price. Governance disputes, builder shutdowns, and a canceled 2026 summit have all weighed on sentiment. Hoskinson stepped back from social media at one point before returning to address the backlash.
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