Cardano Buyers Push Hard — Charles Hoskinson Dismisses 'Ethereum Killer' Talk, Altcoins Shift

Cardano (ADA) is showing signs of a bullish revival as buying pressure intensifies across the charts.

Market analyst Emilio Bojan notes, “ADA momentum is back, and buyers are pushing hard,” suggesting the token may be gearing up for a new uptrend after weeks of consolidation.

ADA’s resurgence is gaining traction as trading volume rises and technical indicators strengthen. Holding firm above key support levels, ADA is forming higher lows, a classic sign of accumulation by confident traders.

According to Bojan, this trend reflects renewed investor confidence in Cardano’s fundamentals and its potential to outperform in the next phase of the altcoin cycle.

At the time of this writing, ADA was trading at $0.62, slightly below the psychological price of $0.70.

Meanwhile, a decisive break above the $0.90 resistance could fuel a surge toward $1.10, reigniting bullish momentum and restoring confidence in the ADA ecosystem.

Charles Hoskinson Says Forget ‘Ethereum Killers’

Cardano founder Charles Hoskinson says the crypto market is moving past the outdated “Ethereum killer” narrative.

In a recent interview, he noted that the next altcoin season will be led not by rivals trying to outpace Ethereum, but by projects pioneering new frontiers, especially in blockchain privacy.

Hoskinson acknowledged that the ‘Ethereum killer’ narrative belongs to the past because this cycle will reward projects tackling real challenges, such as privacy, scalability, and interoperability.

As a result, he highlighted Midnight, Cardano’s privacy-focused blockchain, as a clear indicator of the industry’s new direction.

Midnight, developed on Cardano’s ecosystem, delivers zero-knowledge privacy with built-in compliance tools for businesses and regulators.

Unlike traditional privacy coins like Monero or Zcash, often criticized for their opacity, Midnight strikes a balance between confidentiality and accountability, empowering developers to build decentralized apps that safeguard user data while maintaining regulatory transparency.

As a result, Hoskinson envisions a paradigm shift in the altcoin market, where innovation, not imitation, drives success. He believes the next cycle will reward projects solving real problems, with privacy-focused ecosystems poised to anchor the coming crypto rally.