NIGHT
+4.7%Hoskinson defends Cardano progress after criticism over liquidity and usage
Image: The Crypto BasicCharles Hoskinson defended Cardano's development after criticism over liquidity, stablecoin activity and DEX volume. A community member compared him to a "used car salesman." Hoskinson pointed to NIGHT's issuance on Cardano, Midnight's March network launch and RealFi. He asked, "What the hell else can I do?" Both reports cite about $67.2 million in stablecoins on Cardano. Reports differ on Cardano's DeFi TVL and DEX activity figures.
Key points
- Hoskinson defended Cardano's progress after criticism over liquidity, stablecoin activity and DEX volume.
- A community critic compared Hoskinson to a "used car salesman."
- Hoskinson said NIGHT was issued on Cardano and questioned why that would harm ADA holders.
- Midnight launched its network in March, while NIGHT debuted as a Cardano Native Asset in December 2025.
- Cardano has about $67.2 million in stablecoins.
Why it matters
Cardano's development pipeline includes Midnight, NIGHT and RealFi. Critics say liquidity, stablecoin activity and DEX volume remain weak.
What's unclear
Cardano's DeFi TVL is reported as about $68.3 million in one report and roughly $70.78 million in the other.
DEX activity figures conflict, with 24-hour volume cited as about $4.05 million and about $4.36 million.
Price context · ADA
At publication
$0.2723
Now
$0.2715
Change since
−0.31%
7 days · dashed line = publication
Sources · 2 publishers
ZyCrypto
Tier 3
“What The Hell Else Can I Do?” Hoskinson Snaps At Critics As Cardano Delivers Its Biggest Year Yet, But ADA Still Lags
Coverage timeline
- First reported by The Crypto Basic
- Confirmed by ZyCrypto
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
