Cardano founder Charles Hoskinson addressed the ongoing price challenges faced by ADA, as interest in the new project Midnight ($NIGHT) grows. Midnight, which is still in its early stages, has gained significant attention on CoinGecko, surpassing Bitcoin and Ethereum in trend metrics. Hoskinson suggested that Midnight could impact DeFi on Cardano and XRP, drawing parallels to Bitcoin's early design. Despite the excitement around Midnight, ADA's price continues to struggle due to market skepticism. Technical analysis indicates a persistent downtrend, with a recovery contingent on breaking through key resistance levels.