Charles Hoskinson, the founder of Cardano, has encouraged long-term investors to focus on Cardano-based decentralized exchanges (DEXes), predicting a potential 100x growth. He highlighted the importance of developing stablecoins and cross-chain bridges to enhance the DeFi ecosystem. Hoskinson's comments came in response to a post by stake pool operator YODA, emphasizing the need for foundational infrastructure. Cardano DEXes have recently recorded $4.3 million in NIGHT token trading volume, surpassing other tokens on the network. Hoskinson noted that the ecosystem is currently in an accumulation phase, suggesting that investors should take advantage of the low valuations to position themselves for future growth.