Why a “Narrative Void” Is a Bigger Threat to Cardano Than ADA Price

Cardano eyes Bitcoin DeFi as its new narrative amid weak price action and fading investor confidence. ADA trades below key resistance levels with sellers dominating, as technical indicators suggest continued bearish pressure. Charles Hoskinson calls for executive leadership and governance reform ahead of the Rare Evo conference. Cardano (ADA) faces an identity crisis with its price sliding near multi-month lows as a debate has started brewing with its community on the blockchain’s future direction. Now, founder Charles Hoskinson is calling for a radical narrative shift – one that hinges on positioning Cardano as a leading smart contract layer for Bitcoin DeFi. We got Leios, Hydra, Midnight, and Bitcoin DeFi alongside governance, security and decentralization. Bitcoin DeFi is indeed the largest opportunity, but the single biggest issue is that we are missing a competent Foundation and executive authority to push these narratives into… https://t.co/t3j4ULTTe8 — Charles Hoskinson (@IOHK_Charles) June 29, 2025 Hoskinson Says Cardano Has a “Narrative Void” The core of the problem, according to Hoskinson, is that Cardano has a “narrative void.” Des… The post Why a “Narrative Void” Is a Bigger Threat to Cardano Than ADA Price appeared first on Coin Edition .

Source: Coin Edition