Cardano founder Charles Hoskinson has reaffirmed his commitment to ADA despite a 75% decline in the value of his holdings over the past six months. Speaking at a recent IOG fiscal proposal meeting, Hoskinson addressed the downturn in ADA's market performance, attributing the losses to broader market conditions rather than internal issues within Cardano. He emphasized the importance of continued investment in the Cardano ecosystem to restore growth and regain a top-ten position in global cryptocurrency rankings. Hoskinson revealed that his ADA portfolio has suffered significant financial losses, yet he remains one of the largest holders of the cryptocurrency. He denied that ADA's decline was due to internal flaws, instead pointing to macroeconomic pressures affecting the entire digital asset market. Despite calls for fiscal caution, Hoskinson advocates for sustained investment, warning that cutting spending could hinder innovation and weaken the ecosystem. He views the current market challenges as a critical test for Cardano's long-term vision and potential recovery.