UPDATE: #Cardano $ADA Founder Charles Hoskinson says "if you're an Ethereum user, give Midnight and Cardano a second look, and take a look at the magic of what we've been able to construct, and know that we're gonna keep growing with principles."

What happened

Cardano founder Charles Hoskinson posted on X urging Ethereum users to give Cardano and the Midnight project a second look, highlighting the platform’s development and commitment to growth with principles.

Confirmed

Global impact / market context

If Ethereum users explore Cardano, the network could see more transactions, raising fee revenue for validators and encouraging developers to build more apps, which may improve ADA’s market perception and support ecosystem growth.

Analyst inference

Cardano competes with Ethereum in the smart‑contract space, and any shift in developer or user attention can affect market share, especially as both platforms vie for DeFi and NFT projects.

Analyst inference

What to watch

1. Changes in ADA price and trading volume that could signal increased demand from Ethereum‑oriented investors. Analyst inference
2. Growth in Cardano developer activity, such as new smart‑contract deployments or upgrades, indicating ecosystem expansion. Analyst inference
3. Announcements of partnerships or integrations involving the Midnight project that might attract Ethereum users. Analyst inference

Affected assets

• ADA — Cardano
• ETH — Ethereum

Evidence

• x.com