Cardano (ADA) is currently trading at $0.80, down over 40% from its highest level in December. Cardano founder Charles Hoskinson expressed his belief that the token's integration with Bitcoin presents a significant opportunity in the DeFi space. He criticized Ethereum and Solana, stating that they lack the necessary capabilities to achieve this integration. Cardano recently announced a partnership with BitcoinOS, which is expected to be activated in the coming months. Hoskinson also criticized Ethereum for promoting layer-2 networks and spoke negatively about Solana. Despite the recent decline in price, Cardano remains above the 50-week moving average, indicating bullish control. Analysts anticipate a VIP meeting with Elon Musk in the near future. The coin is expected to bounce back and potentially reach last year's high of $1.32, representing a 70% increase from the current level.
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