Charles Hoskinson Predicts Strong Cardano Price Rise With Budget Funding

Cardano’s founder and CEO, Charles Hoskinson, has expressed bullish expectations for the future of the blockchain. During a recent livestream, he emphasized that funding crucial projects is essential to achieving sustained growth and driving ADA prices up. He highlighted that if the proposed budget package passes, it will enable Input Output Global (IOG) to continue hiring 150 engineers and supporting vital research efforts, leading to a potential price surge in the range of $3 to $10. Hoskinson believes this investment would bolster Cardano’s ecosystem by advancing scaling technologies like state channels, roll-ups, interoperability improvements, and projects like Mithril.