He stated on Twitter, "I've always felt where there is a microphone and an audience that's an opportunity to win some hearts and minds. Cardano needs an army to change the world, and we aren't going to build it only talking through the blameless and pure."
Charles Hoskinson defends the Cardano blockchain in reaction to tweets criticizing the Cardano founder over his presence in YouTuber Ben Armstrong's interview, saying,
"We need to get out there that Cardano isn't a ghost chain and smart contracts are here. The concept of RealFi and what already has been accomplished."
The Cardano creator tweeted on June 17 that he has been invited to testify about blockchain and cryptocurrencies before the House Committee on Agriculture supervises the CFTC. The event will go live on June 23 at 10:30 a.m. EST.
ADA was trading at $0.47 at the time of publication, up 6.46 percent. Cardano has also recovered its weekly losses, rising 6% in the last seven days. According to CoinMarketCap data, Cardano is the seventh-largest cryptocurrency by market capitalization. Cardano's IOHK shared plans for the forthcoming Vasil Hard Fork, tentatively scheduled for the end of June, in its most recent weekly development report. In addition, OHK provided a graph depicting network growth. Currently, 1,020 projects are being developed on Cardano, with a total of 90 projects recently launched.