Cardano (CRYPTO: ADA) price retreated for the fourth consecutive weeks and reached a record low, continuing a downward spiral that started in September 2021 when it pe

Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.

Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.