Altcoins News

Story: Cardano’s Charles Hoskinson Warns Ethereum Could Collapse in 10 Years

By Dan Saada

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Ethereum’s Future at Risk?. Hoskinson’s warning is based on what he views as a fundamental flaw in Ethereum’s development…

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Crypto Community Reacts. Unsurprisingly, Hoskinson’s comments triggered a polarized reaction across social media and crypto…

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Ethereum Strikes Back With Major Upgrade. Despite criticism, Ethereum is far from standing still.

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ETH Price Under Pressure. While the technical advancements are notable, Ethereum’s price continues to face downward pressure.

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Final Thoughts. Charles Hoskinson’s comparison of Ethereum to fading tech brands may seem extreme, but it…

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Charles Hoskinson, founder of Cardano and one of Ethereum’s original co-founders, predicted that Ethereum may not survive the next 10 to 15 years.

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Hoskinson’s warning is based on what he views as a fundamental flaw in Ethereum’s development strategy—its growing reliance on Layer 2 (L2) networks.

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“Ethereum is becoming a victim of its own success,” he said. “Instead of strengthening the main chain, they’re pulling value away from it. That’s not sustainable in the long term.”

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To make his point, Hoskinson drew a parallel with once-dominant tech platforms like Myspace and Blackberry—innovative leaders that failed to adapt and were ultimately overtaken…

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One user wrote on X (formerly Twitter), “Hoskinson bashing Ethereum is like Blackberry telling Apple how to build a better phone.”

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Others, however, saw merit in his analysis. Ethereum has faced multiple delays in rolling out upgrades and transitioning fully to Ethereum 2.0.

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Despite criticism, Ethereum is far from standing still. One of its leading L2 solutions, Scroll, has just introduced a major upgrade called Euclid.

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Scroll’s Euclid upgrade is part of Ethereum’s broader roadmap to improve scalability and usability, a response to growing competition from faster blockchains like Solana,…

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The upgrade also highlights Ethereum’s ongoing commitment to adaptability—a trait that has allowed it to remain the top smart contract platform despite years of challenges.

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While the technical advancements are notable, Ethereum’s price continues to face downward pressure. As of April 2025, ETH remains down nearly 360% from its all-time high of $4,878.

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