Cardano price outlook strengthens as Charles Hoskinson predicts Ethereum could fail within 15 years due to fragmentation and outdated tech.
Cardano founder warns Ethereum could be at risk of decline
Cardano founder Charles Hoskinson has reignited debate in the crypto space with a bold prediction: Ethereum could become obsolete within the next decade and a half, following a path similar to now-defunct tech icons like BlackBerry and Myspace.
Cardano
Speaking during a recent Ask-Me-Anything (AMA) session, Hoskinson, who co-founded Ethereum before leaving to launch Cardano, warned that Ethereum’s underlying architecture, combined with its growing reliance on layer 2 networks, is driving the platform toward long-term structural failure.
“It’s a brilliant project,” Hoskinson said. “But it’s just a victim of its own success—like Myspace or BlackBerry.” – Cardano founder, Charles Hoskinson.
He added that Ethereum’s fragmented ecosystem, mounting internal divisions, and an increasing exodus of users to alternative platforms such as Bitcoin DeFi and Solana may ultimately lead to its downfall.
Layer 2s Undermine Ethereum’s Alpha, Hoskinson Says
Ethereum’s ongoing transition to a rollup-centric architecture—designed to alleviate congestion and scale the network—was another focal point in Hoskinson’s critique.
While layer 2 solutions like Optimism, Arbitrum, and Base have been praised for offloading traffic from the main chain, Hoskinson argued that these platforms are “siphoning value” from Ethereum’s core layer, leading to what he described as “ecosystem fragmentation.”
“The layer twos will continue to suckle out all of the alpha,” he said. “And then people will start fighting.” – Hoskinson said.
Without unified governance, Hoskinson warned, Ethereum risks evolving into a patchwork of semi-autonomous systems that erode the protocol’s network effects and reduce its long-term viability.
He also questioned the durability of Ethereum’s current proof-of-stake model, as well as the efficiency of its accounting and virtual machine systems, calling them poorly suited for the next generation of blockchain applications.
His critique arrives as Ethereum faces mounting challenges across both technical and market dimensions.
Cardano price forecast today: $0.80 rally imminent
Cardano’s price action has shown resilience, staging a recovery with a 2.88% gain to close at $0.7178, on the ADA/USDT pair via Binance, following a period of consolidation.
The daily chart highlights a steady uptick from recent lows around $0.6153, with buyers stepping in to defend the $0.6866 level, signalling renewed momentum as the price pushes above key technical thresholds.
This breakout, coupled with a volume delta shift from -115.55 million to 11.31 million, indicates strong buyer accumulation, supporting a bullish outlook.
The 200-day moving average, trending downward from $1.00 to $0.80, now serves as a potential price target, aligning with the Cardano price forecast today.
However, bearish risks linger as the price nears the 200-day SMA resistance at $0.7666, where selling pressure could emerge.
If ADA fails to hold above $0.6866, a retest of the $0.6153 support may unfold, signaling caution for short-term traders. Nevertheless, the bullish momentum and volume surge favor an upside move toward $0.80 in the near term.
Frequently Asked Questions (FAQs)
Hoskinson believes Ethereum will decline due to its outdated architecture, fragmentation from layer 2s, and lack of on-chain governance.
He criticized Ethereum’s accounting model, virtual machine design, and its consensus mechanism, calling them inefficient for long-term scaling.
Hoskinson says Cardano offers more cohesive governance, technical efficiency, and long-term scalability compared to Ethereum’s fragmented roadmap
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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