Charles Hoskinson believes he has delivered on his promises: in his view, Cardano’s roadmap is complete and the network now governs itself. The deployment of Leios is still to come, however, while ADA has lost nearly 27% in a month.
“Everything I promised has been built”
Cardano founder Charles Hoskinson believes his project has delivered on all its promises. According to him, the network’s roadmap is complete and it now governs itself. The statement comes as ADA has lost more than a quarter of its value in a month.
Charles Hoskinson no longer sees any major work to be done on Cardano. “The roadmap is complete. Everything I said I would build has been built,” the network’s founder said in a video released on November 12.
UPDATE: Charles Hoskinson says #Cardano $ADA's "roadmap is complete. Everything I said is gonna be built - has been built. It reached 4x the value of Honda. Millions of people have used it, millions of people continue to use it, and it is self-determining and self-governing." pic.twitter.com/lqf4GsfA0h
- Angry Crypto Show (@angrycryptoshow) November 12, 2026
To support his point, he claims Cardano has reached “4 times the value of Honda,” the Japanese automaker. He adds that “millions of people” have used the network and continue to do so.
Charles Hoskinson also describes a blockchain as “autonomous and self-governing.” ADA holders now vote on protocol changes. In July, the Van Rossem hard fork became the first major upgrade to be approved entirely through these votes.
Leios, the last missing piece
This statement does not mean, however, that all planned upgrades are already live. Leios, which Charles Hoskinson was still presenting in October as a condition for completing his vision, is still being tested before deployment on the mainnet.
Leios is the network’s next major upgrade, with deployment planned before the end of the year. It will change how validators agree on new blocks, with the aim of processing many more operations. Cardano currently processes about 5 to 10 transactions per second. The goal is to reach 100 transactions per second, then 1000 or more in the long term.
Charles Hoskinson also says he is working on a new concept related to Midnight, a blockchain running alongside Cardano and dedicated to transaction privacy. He describes the project as the major work of his career.
ADA more than 94% below its record high
This optimism contrasts with the market situation. ADA is trading at $0.172. The token has declined by 26.9% in 30 days and its market capitalization stands at $6.45 billion. Its price remains more than 94% below its record high of $3.09.
In June, Charles Hoskinson had announced a pause after warning of a “wave of failures” in the ecosystem. ADA had then fallen below $0.20. The Cardano founder’s remarks have reignited rumors of a possible departure, which should nevertheless be treated with caution.
