Cardano Founder Refutes Claims of Selling ADA at Peak Price

2025-12-26 18:47

Cardano founder Charles Hoskinson has refuted allegations that he sold ADA at its peak price of $3. A social media user accused Hoskinson of cashing out at the top and not reinvesting, which he dismissed as false, attributing the spread of such claims to bots. ADA is currently trading at $0.3532, marking an 88% decline from its 2021 high. Despite the price drop, Cardano is preparing for significant upgrades in 2026, including the Leios and Midnight projects.

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