Altcoins News

Story: Cardano Founder Reveals Plan to Bring Billions in TVL to ADA

By Steven Anderson

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Midnight Could Be Cardano’s Turning Point. Midnight, a privacy-focused sidechain being developed under the Cardano ecosystem, is currently in…

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RealFi and ZKP Innovations Target a Global Market. Midnight is only one component of the broader strategy.

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Bitcoin and XRP DeFi Could Push TVL to New Heights. While Hoskinson acknowledged that low participation from existing ADA holders has contributed to…

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Building Toward a Long-Term DeFi Future. Cardano’s performance in decentralized finance has long been a topic of debate, but Hoskinson’s…

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Charles Hoskinson, the founder of Cardano and Input Output Global (IOG), has shared a detailed view of what he believes could transform the Cardano ecosystem and push its total…

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Speaking during a recent podcast, Hoskinson revisited the criticism surrounding Cardano’s slow TVL growth and explained that the roadmap to fixing the issue has already been laid…

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Hoskinson made a bold claim: he believes there is a clear path to securing “hundreds of millions, if not billions of dollars in TVL” for the network.

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Midnight, a privacy-focused sidechain being developed under the Cardano ecosystem, is currently in its testnet phase but has already received attention across the crypto industry.

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Hoskinson has repeatedly described Midnight as a high-potential project due to its focus on data protection, privacy and developer-friendly tools.

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If Midnight succeeds in encouraging developers and users to migrate or build on Cardano, Hoskinson believes capital inflows will naturally follow.

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Midnight is only one component of the broader strategy. Hoskinson argues that Real Finance (RealFi) — a movement designed to connect blockchain to real-world financial use cases…

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With zero-knowledge proof (ZKP) technology integrated into the process, Cardano aims to create a secure and private environment suitable for large-scale global finance.

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Implementing these integrations, however, comes with a cost. Hoskinson estimated the full transformation would require an investment of approximately $100 million.

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While Hoskinson acknowledged that low participation from existing ADA holders has contributed to TVL stagnation, he continues to promote additional ways to attract large capital…

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Hoskinson predicted that Bitcoin DeFi alone could lift Cardano’s total value locked to approximately $15 billion.

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