Cardano Founder Warns Ethereum May Not Survive the Next Decade
24.04.2025 09:56
During a recent AMA session, Cardano founder Charles Hoskinson sharply criticized Ethereum’s technical framework, claiming that its accounting model, virtual machine, and consensus mechanism are fundamentally flawed. Hoskinson predicted that Ethereum might not survive beyond the next 10 to 15 years, drawing comparisons to Blackberry’s decline following the advent of the iPhone. He further attacked Ethereum’s proof-of-stake protocol, slashing economics, and the impact of layer-2 solutions, which he described as parasitic and detrimental to the main chain. In related headlines, other cryptocurrencies such as XRP, DOGE, and SHIB were mentioned with hints at positive developments like breakout levels, potential bull runs, and rapid supply shifts. This critique has intensified debates around Ethereum’s future, possibly influencing investor sentiment to favor alternative platforms such as Cardano in the long run.
The news casts a highly negative light on Ethereum, with influential criticism about its flawed design, governance, and protocol weaknesses. Short-term effects may include a sell-off triggered by negative sentiment, while long-term structural concerns and the success of ETFs betting against ETH could further depress its price.
As the statement comes from Cardano’s founder, ADA may indirectly benefit from a narrative that positions it as a superior alternative to Ethereum. In the short term, ADA might see a modest boost in investor interest, with potential long-term benefits if the migration from ETH materializes.
XRP is mentioned in relation to a breakout above $2.2, which may bring short-term bullish sentiment. However, the overall impact will depend on whether this breakout is sustained, with long-term gains relying on broader market acceptance and further institutional interest.
The mention of a potential bull run for DOGE could spark short-term buying interest among traders. While speculative trading may drive price rallies in the near term, long-term outcomes remain uncertain and are subject to broader market dynamics.
The reference to SHIB exiting circulation within hours suggests a supply shock that could trigger a short-term price spike. However, the sustainability of such gains will depend on market reception and overall investor sentiment over the longer term.
Sources
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