Hoskinson Suggests ADA Price Connection is No Coincidence

Cardano's founder Charles Hoskinson thinks there may be more to the project's recent price movements than meets the eye. On social media, he joked that the connection between Cardano's online activity and its native token's price is no coincidence.

The statement comes as ADA is trading relatively quietly in the market despite posting significant gains on a weekly basis. According to Hoskinson, this pattern has been observed for some time, with discussions surrounding the project becoming louder when its native token experiences major price movements.

At the time of writing, ADA was up 3.04% in the last 24 hours to $0.2194 and up 22.76% weekly. However, all is not quiet on the Cardano front as planning for the Dijkstra era hard fork continues, with a focus on documentation, protocol updates, and ecosystem readiness.