Cardano price outlook strengthens as Charles Hoskinson predicts Ethereum could fail within 15 years due to fragmentation and outdated tech.
Cardano founder warns Ethereum could be at risk of decline
Cardano founder Charles Hoskinson has reignited debate in the crypto space with a bold prediction: Ethereum could become obsolete within the next decade and a half, following a path similar to now-defunct tech icons like BlackBerry and Myspace.
Cardano
Speaking during a recent Ask-Me-Anything (AMA) session, Hoskinson, who co-founded Ethereum before leaving to launch Cardano, warned that Ethereum’s underlying architecture, combined with its growing reliance on layer 2 networks, is driving the platform toward long-term structural failure.
“It’s a brilliant project,” Hoskinson said. “But it’s just a victim of its own success—like Myspace or BlackBerry.” – Cardano founder, Charles Hoskinson.
He added that Ethereum’s fragmented ecosystem, mounting internal divisions, and an increasing exodus of users to alternative platforms such as Bitcoin DeFi and Solana may ultimately lead to its downfall.
Layer 2s Undermine Ethereum’s Alpha, Hoskinson Says
Ethereum’s ongoing transition to a rollup-centric architecture—designed to alleviate congestion and scale the network—was another focal point in Hoskinson’s critique.
While layer 2 solutions like Optimism, Arbitrum, and Base have been praised for offloading traffic from the main chain, Hoskinson argued that these platforms are “siphoning value” from Ethereum’s core layer, leading to what he described as “ecosystem fragmentation.”
“The layer twos will continue to suckle out all of the alpha,” he said. “And then people will start fighting.” – Hoskinson said.
Without unified governance, Hoskinson warned, Ethereum risks evolving into a patchwork of semi-autonomous systems that erode the protocol’s network effects and reduce its long-term viability.
He also questioned the durability of Ethereum’s current proof-of-stake model, as well as the efficiency of its accounting and virtual machine systems, calling them poorly suited for the next generation of blockchain applications.
His critique arrives as Ethereum faces mounting challenges across both technical and market dimensions.
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