BenzingaEspañaItalia대한민국日本FrançaisMy AccountBenzinga EdgeBenzinga ResearchBenzinga ProLoginGet Benzinga Pro Data & APIsEventsPremarketAdvertiseContributeEspañaItalia대한민국日本FrançaisLoginRegisterBenzingaPremium Services Financial News Financial NewsLarge Cap StocksSmall-Cap StocksInsider TradesEarningsTechnologyAI NewsPersonal FinanceETF NewsCrypto NewsDividend NewsLatest RumorsLatest Offerings NewsInvestment Ideas Investment IdeasStock of the DayStock Whisper IndexAnalyst RatingsAnalyst ColorFinancial AdvisorsGovernment TradesTrading IdeasStock ScreenerMarkets MarketsPremarket MoversAfter HoursOptionsETFsCommoditiesPrediction MarketsPrivate MarketsBondsFuturesForexTop Stocks Top StocksApple (AAPL)Tesla (TSLA)Amazon (AMZN)Nvidia (NVDA)Alphabet (GOOGL)Meta Platforms (META)Microsoft (MSFT)StreetTracks Gold Shares (GLD)IBIT Bitcoin Trust (IBIT)Top Value StocksTop Momentum StocksTop Growth StocksTop Quality StocksLearn LearnInvesting GuidesPersonal FinanceMortgagesBest Credit CardsBest Dividend StocksBest Swing Trade StocksInvestment Ideas Investment IdeasStock of the DayStock Whisper IndexAnalyst RatingsAnalyst ColorFinancial AdvisorsGovernment TradesTrading IdeasStock ScreenerMarkets MarketsPremarket MoversAfter HoursOptionsETFsCommoditiesPrediction MarketsPrivate MarketsBondsFuturesForexTop Stocks Top StocksApple (AAPL)Tesla (TSLA)Amazon (AMZN)Nvidia (NVDA)Alphabet (GOOGL)Meta Platforms (META)Microsoft (MSFT)StreetTracks Gold Shares (GLD)IBIT Bitcoin Trust (IBIT)Top Value StocksTop Momentum StocksTop Growth StocksTop Quality StocksLearn LearnInvesting GuidesPersonal FinanceMortgagesBest Credit CardsBest Dividend StocksBest Swing Trade StocksResearchMy StocksToolsFree Benzinga Pro Trial CalendarsAnalyst Ratings CalendarConference Call CalendarDividend CalendarEarnings CalendarEconomic CalendarEvents CalendarFDA CalendarGuidance CalendarIPO CalendarM&A CalendarUnusual Options Activity CalendarSPAC CalendarStock Split CalendarTrade IdeasStock ReportsInsider TradesTrade Idea FeedAnalyst RatingsUnusual Options ActivityHeatmapsFree NewsletterGovernment TradesPerfect Stock PortfolioEasy Income PortfolioShort InterestMost ShortedLargest IncreaseLargest DecreaseCalculatorsOptions Profit CalculatorMargin CalculatorForex Profit Calculator100x Options Profit CalculatorCovered Call CalculatorCash-Secured Put CalculatorLong Call CalculatorLong Put CalculatorScreenersStock ScreenerTop Momentum StocksTop Quality StocksTop Value StocksTop Growth StocksCompare Best StocksBest Momentum StocksBest Quality StocksBest Value StocksBest Growth StocksRecentMarkets June 10, 2026 8:25 AM 2 min read Cahrles Hoskinson Returns, Says Cardano Will Beat Bitcoin: Why Is ADA Going Down?Hoskinson Says Cardano Solved What Bitcoin And Ethereum Could NotHoskinson’s core argument centers on what he calls verifiable reflexivity, the ability for any transaction to carry its own proof of correctness without relying on trusted third parties.

He argued Bitcoin handles only payments and cannot embed smart contracts or zero knowledge proofs at scale, while Ethereum (CRYPTO: ETH) lacks the accounting model needed for true local-to-global determinism.

Cardano’s solution rests on pillars he says no competitor has combined. The Ouroboros protocol achieves throughput, security, and decentralization simultaneously, growing more decentralized as it scales.

“There is no cryptocurrency right now that has these properties,” Hoskinson stated. “It’s just a fact.”

Hoskinson argued the addressable market is not speculative.

The cost of trust infrastructure in the Western financial system alone, covering auditing, post-trade reconciliation, custody, regulatory compliance, and trade finance, runs between $120 billion and $160 billion annually.

Expanding that to all global commercial transactions pushes the value into the trillions.

ADA is down 4%, after breaking below the $0.20 horizontal support that held since the 2022 bear market lows.

Weekly RSI at 27.03 sits deep in oversold territory with no divergence signal yet. The full EMA stack overhead sits between $0.2003 and $0.3275.

A weekly close reclaiming $0.20 targets $0.2274 to $0.2551. Losing $0.1500 opens the Bollinger Band lower at $0.1404 and then open air toward $0.10.

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