Cardano Founder Charles Hoskinson Criticizes US Exchange for Missing…
January 1, 2026
One of the key figures in the cryptocurrency world, Charles Hoskinson, the founder of Cardano (ADA), has once again garnered attention with his outspoken opinions. In a recent interview with Blockchain Daily, Hoskinson took aim at the popular cryptocurrency exchange Gemini for its failure to list ADA on their platform.
Expressing his discontent, Hoskinson suggested that Gemini’s choice not to support ADA caused the platform to miss out on a substantial $70 million in potential revenue. Despite the widespread acceptance and popularity of Cardano, Gemini stands out as the only major exchange that does not facilitate trades with ADA. “Gemini is the only major exchange that doesn’t trade with ADA,” noted the founder. “We estimate that this has cost Gemini $70,000,000 over the last 5 years. Binance is trading it, Coinbase is trading it, all these exchanges are trading it, and ADA is one of the top 10 cryptocurrencies.”
Clearly, ADA’s position among the top 10 cryptocurrencies on exchanges like Binance and Coinbase serves as a testament to its value and demand in the market. Hoskinson found Gemini’s reluctance to list ADA perplexing, especially considering its success and large following. He implied that an individual within the exchange made a detrimental decision that hindered the market’s growth and deprived them of substantial revenue.
While Gemini’s exclusion of ADA seemingly served as a disadvantage for the platform, it proved advantageous for its competitors who embraced the altcoin and benefited from its popularity. Hoskinson’s critique shed light on the missed opportunity for Gemini, urging the exchange to reconsider its decision and capitalize on the potential gains associated with listing ADA.
Despite this setback for Gemini, Cardano continues to thrive as one of the leading cryptocurrencies, showcasing resilience and strong market presence. Hoskinson’s pointed remarks draw attention to the importance of strategic decisions in the ever-evolving world of cryptocurrency exchanges, emphasizing the potential impact of listing or excluding popular assets like ADA.
As the crypto market continues to evolve, stakeholders like Hoskinson play a crucial role in shaping industry dynamics and advocating for inclusivity and growth. The discourse surrounding ADA’s absence on Gemini highlights the complexities and competitions within the cryptocurrency ecosystem, underscoring the significance of strategic partnerships and listing opportunities for both platforms and altcoins.
