Cardano’s (ADA) outspoken founder Charles Hoskinson has gone viral again, but for all the wrong reasons. One pretentious comment has led to another, creating a new wave of memes quoting the original tweet by the famous crypto cowboy.
Critics Mock Cardano’s TVL In Wall Street Comparison
“You do understand what I do for a living? I literally make decentralized central banks and rebuilt Wallstreet on a blockchain”, – spilled out Cardano’s (ADA) computer virtuoso founder. Naturally, Crypto Twitter started roasting Mr. Hoskinson to crisp for the pretentious rhetoric.
Others started shoving numerous screenshots and links to the stagnant figures on Cardano’s total value locked (TVL) stats, implying that it’s too early to compare oneself to Wall Street. It hit the fan after Cardano’s founder’s rhetorical question: “Should I do a video on how the world financial system actually works and how we are all debt slaves?”
Cardano’s Hoskinson Doesn’t Take ‘No’ For An Answer
Instead of a straight-forward ‘yes’, some crypto aficionados big-mouthed Charles Hoskinson, stating: “I’d rather listen to an economist for that. I don’t get plumbing advice from an electrician”. In response to this, Mr. Hoskinson doubled down: ”I’ve built 4 blockchains”, but the memes didn’t stop there, serving a flashback to Hoskinson’s encounter with MetaMask.
Even Cardano’s (ADA) arch nemesis Solana (SOL) stepped into the ring, providing another humorous take on Charles Hoskinson’s original tweet. As if that wasn’t enough, other market aficionados referred to the iconic Cardano vs. MetaMask meme, when Charles Hoskinson fired back at MetaMask’s support for telling him to use the support email.
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In a November 23 Spaces, he called Cardano “Wall Street on a blockchain” and claimed it’s already the compliant, enterprise-grade layer the big boys need. CT heard “we’re basically NASDAQ but slower and with 1/1000th the volume” and hit the ratio button.
Cardano TVL sits at ~$260M (rank 15). Solana does 50× that, Ethereum 200×, even Tron flexes 30×. Daily DEX volume is under $15M on ADA vs $2B+ on Solana. “Wall Street” currently moves more money in one options expiry than Cardano has processed all year.
Because he keeps comparing ADA to Wall Street while the chain still runs ~15 TPS in real life, has one working stablecoin, and zero major U.S. institutions publicly building on it in 2025. The cope-to-reality gap finally broke the loyalists.
Short term it’s pure meme carnage—ADA already down 4% in 24h to $0.66 while the rest of alts pump. Long term nobody cares about one Charles rant (this is like the 47th time), but the “Wall Street” label is now an instant laughing stock trigger for the entire ecosystem.
Top replies include: “Wall Street on a blockchain… that trades like a 2018 shitcoin”, “Charles discovered Bloomberg terminal and thinks he invented it”, “Bro your chain has less daily volume than Robinhood’s toilet paper budget”, “Wall Street called, they want their hopium back” & more.
