Cardano 10 Million User Thesis Heats Up As Charles Hoskinson Outlines Bold 2030 Vision

Renowned crypto analyst Ali Martinez predicts that Cardano (ADA) is nearing a major bullish breakout, provided it can decisively break above the key $0.80 resistance level.

He noted that this price zone has historically capped ADA’s upward momentum, and a successful breakout could ignite a rally toward $1.70, potentially doubling the token’s current value.

Martinez highlighted that on-chain metrics and historical trading patterns reveal strong accumulation zones and resistance clusters near the $0.80 level. This barrier has repeatedly halted ADA’s rallies in the past. Currently, ADA trades at $0.53.

Currently, Cardano is trading in a tight consolidation range. However, Martinez noted that rising network growth and robust developer activity could strengthen ADA’s bullish outlook.

Data from Santiment reinforces this view, showing Cardano as one of the most actively developed blockchains, with hundreds of projects building across its ecosystem.

Therefore, Cardano is at a critical turning point. A decisive breakout above $0.80 could ignite a strong rally toward $1.70, signaling the start of a new bullish phase for one of the crypto market’s most innovative blockchain networks.

Cardano founder Charles Hoskinson outlined an ambitious vision for the blockchain’s future, forecasting major growth and innovation by 2030.

In a recent podcast with Sujal Jethwani, he highlighted scalability, full decentralization, and advanced privacy as the core pillars driving Cardano’s next evolution.

Hoskinson projected that Cardano could exceed 10 million active users by 2030, ushering in a new era of adoption driven by advanced governance and technological maturity.

He noted that completing the network’s governance and full decentralization phases has set the stage for “recursive improvement,” enabling Cardano to evolve autonomously without centralized control.

Hoskinson emphasized computational privacy as one of the biggest untapped opportunities in crypto, describing it as a “10x to 100x opportunity.” He emphasized the transformative potential of programmable privacy technologies to revolutionize how blockchain systems manage data and ensure user confidentiality.

Meanwhile, Hoskinson recently called Cardano a “spiritual successor to Bitcoin,” highlighting their deep architectural parallels.

In an interview at Token 2049, he explained that Cardano’s extended UTXO model builds on Bitcoin’s original design, maintaining similar accounting principles and wallet structures while advancing its functionality.