Amidst the criticism faced by Cardano in recent times, founder Charles Hoskinson remains confident in ADA's potential for growth in the future. Hoskinson addressed the negative comments surrounding the native coin of the network at the beginning of the new week.

Responding to critics like Ben Armstrong, who declared ADA as "dead," Hoskinson emphasized that Cardano holds a strong position in the ecosystem. He highlighted the blockchain's scalability, governance, and innovation as key strengths, attributing the success of Cardano to the community's support.

Cardano's recent milestones, including the Plutus V3 development tool launch and the upcoming Chang hard fork, mark significant progress for the blockchain platform. These developments are part of Cardano's roadmap for 2024, focusing on enhancing smart contract capabilities, performance, and community governance through advancements like Voltaire-era governance.

The Plutus V3 upgrade is expected to drive ADA demand and improve PoS network performance by introducing advanced tools for developers to create more sophisticated smart contracts. Additionally, Cardano's support for Zero-Knowledge proofs (ZKP) opens doors for privacy solutions and interoperability with partner chains like Midnight, showcasing the platform's commitment to innovation and research.

Looking ahead, Hoskinson hinted at the Chang upgrade's imminent launch, signaling further advancements for the Cardano community to anticipate. Despite criticisms, Hoskinson stressed the importance of focusing on long-term goals and research achievements to drive Cardano's growth and success in the evolving cryptocurrency landscape.