- Speaking at a Miami event, Cardano founder Charles Hoskinson said the crypto sector is being held back by constant infighting, and this must come to an end.
- Hoskinson believes that AI agents will outnumber human beings online, but says they are “the best thing to happen to crypto.”
The crypto industry is being held back by infighting between projects, with each competing for the existing user base, rather than building to attract the wider audience not yet in crypto, says Cardano founder Charles Hoskinson.
Speaking at an event in Miami, Hoskinson said it’s time for the sector to unite and work toward making crypto easier to use for the average user.
.@IOHK_Charles just delivered “Agents, Privacy & Blockchain” on the Anchorage Mainstage at @Consensus2026.
The 25-minute case for what this industry needs to ship next, summarized below.
#ConsensusMiami2026 pic.twitter.com/QT71Nilnf3
— Input Output Group (@IOGroup) May 6, 2026
He stated:
“It’s for the whole industry. I’m just so tired of the adversarial nature. I’ve been fighting the good fight for 15 years. I don’t care about your token and your project, and how you’re the next big Layer 1. Good for you, but there have been 11 million tokens issued over the years. We have enough of them.”
The important thing for crypto now is “for the values that we started with to meet the usability that we need,” he said. These include self-custody, self-sovereign identity, and decentralization.
Instead, crypto has become a mirror for the traditional financial sector. In recent years, Wall Street has taken control of the industry, a trend that was supercharged by the rise of ETFs; BlackRock alone holds over $65 billion in its IBIT Bitcoin ETF.
Hoskinson stated:
“We’re not here to make the people who blew up the world economy in 2008 even bigger and richer. We’re here to change the world. And I don’t care if you want to do that from the lens of Solana, or XRP, or Bitcoin or Cardano. Those are your preferences.”
Hoskinson: AI Agents Are The Best Thing to Happen to Crypto
Beyond the crypto tribalism, Hoskinson’s presentation dived into AI agents, which have become a mainstay in crypto this year. As we reported, blockchain networks and platforms have launched several products to target these agents, from Moonpay and Coinbase to BNB Chain and Solana.
Hoskinson believes that by 2035, these agents will outnumber human beings on the internet. This will disrupt every online business model, and the tech giants are terrified of the new world order they will introduce. This is why they are investing heavily in agentic payment systems, such as Google’s investment in Coinbase’s x402 agentic framework.
“By 2035, the majority of searches, commerce, and activity on the internet will be AI agents instead of people.”
So Midnight Passport isn’t just for humans.
Passports for agents are being built in parallel. pic.twitter.com/w7fCBHBj0x— Input Output Group (@IOGroup) May 6, 2026
But while they will disrupt tech giants, agents are “the single best thing ever to happen to cryptocurrencies, because it’s the other side of simplicity.” One side of it is owning your wallet and assets, but agents are vital to enabling users to engage with digital finance, including DeFi.
ADA Gains 8%, Targets $0.29
On the price charts, Cardano’s ADA has recovered after it lost momentum in the last two weeks of April. Since this month began, the token has gained 7.95% to trade at $0.265 at press time.
According to one analyst, ADA is gearing up for a big break after breaking above crucial neckline resistance as buyers took control. The $0.24 support has continued to hold, and if it closes above that level, it could hit several upside levels, starting with $0.29.
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