Cardano founder Charles Hoskinson has expressed confidence that the ADA token represents a more profitable investment than Bitcoin. His arguments are based on a comparison of returns and the prospects of technological innovations.
Analysis of ADA and BTC Returns
In an interview, Charles Hoskinson claims that since 2017 ADA has achieved a cumulative return of +4000% compared to +2400% for Bitcoin. He emphasizes that an initial investment of 108,000 BTC into Cardano has generated a market capitalization of 30 billion dollars, significantly exceeding their current value. Hoskinson criticizes proposals to convert the ADA treasury into Bitcoin, considering it a loss of yield.
Growth Potential of Cardano Compared to Bitcoin
Hoskinson does not dwell on past achievements and forecasts that ADA could achieve growth of 100 or even 1000 times, theoretically leading to a market cap of up to 28 trillion dollars. He stresses that Cardano is not merely a reserve asset but a programmable infrastructure that opens new scaling opportunities, including decentralized applications and smart contracts.
Economic Utility of ADA in the Future
In Hoskinson's view, Cardano's goal is not to surpass Bitcoin in raw value but rather in economic utility. By combining DeFi, privacy, and modular architecture, ADA aims for structural growth where Bitcoin remains static. The contrast between a productive Cardano network and a passive Bitcoin asset may attract more developers and capital if ADA is perceived as more useful.
Charles Hoskinson bets on the economic utility of ADA to achieve meaningful results by 2025. If his predictions come true, Cardano could reshape the landscape of the cryptocurrency market in favor of innovative technologies.
