Renowned crypto YouTuber Austin Hilton has reaffirmed his strong commitment to Cardano (ADA) and its long-term prospects.
In a recent statement, Hilton emphasized that it has not sold and has no plans to sell any of its Cardano (ADA) holdings, despite continued market volatility.
Hilton explained that his confidence in ADA stems from his trust in Charles Hoskinson, his long-term vision for the project, and the broader momentum behind the Cardano movement.
Whale scraps ADA amid market downturn
His comments come at a time when investors are reevaluating their positions in major altcoins like Cardano after the market endured one of the toughest weeks of the year.
For context, ADA was trading near $0.80 before the market crash on October 10th. However, the token briefly fell to $0.33 on the same day, but rebounded to the $0.60 level just a few hours later.
Although this recovery provided temporary relief, ADA faced downward pressure again in late November and early December. Eventually, the price fell to $0.3719 on December 1st.
This sustained decline has led many investors to reduce their exposure to Cardano. Analyst Ali Martinez highlighted this trend on X, noting that as of October 29th, whales had sold 100 million ADA within 72 hours.
By November 16, he reported that the sale value of whales had jumped to ADA 440 million compared to the previous month.
In just one month, 440 million Cardano $ADA were sold by whales. pic.twitter.com/KHwk1XguZk
— Ali (@ali_charts) November 16, 2025
Despite intense sales pressure, Hilton emphasized that he was one of the ADA holders who did not sell his tokens. He said he believes in the direction Cardano is taking under Charles Hoskinson’s leadership and remains committed to preserving ADA.
Hoskinson’s vision to increase confidence among Cardano holders
Hoskinson frequently outlines ambitious plans for Cardano, which has helped maintain the trust of long-term supporters like Hilton. During a recent livestream, he expressed interest in integrating multiple Cardano-based blockchain projects. Some have suggested that this could happen through the Midnight network.
He also pointed out that 2026 will be a pivotal year for Cardano as the network plans to deploy its Leios scaling solution and launch its Midnight mainnet. Hoskinson also revealed plans to strengthen Cardano’s DeFi ecosystem over the next year.
His broader goal is to position Cardano as the world’s leading cryptocurrency, which would require ADA to surpass Bitcoin’s market valuation of $1.83 trillion. ADA is currently trading at $0.4377, giving it a market cap of $15.71 billion.
