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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 February 1, 2026
Meanwhile, CoinMarketCap data put Bitcoin price down 20% in the past year, alongside a **13% **decline over the prior 30 days. Cardano’s ADA was cited as down **65% in the past year and 23% **over the last month. The pullback has occurred alongside heavy trading activity and sharp swings across large-cap tokens, with sentiment sensitive to macro and liquidity conditions. Hoskinson said the industry has shifted away from what he described as crypto’s early identity as an outsider movement in finance. He linked that change to the 2021 rally, arguing that growing mainstream attention and participation reduced the sector’s nonconformist culture and altered incentives for projects and communities. Hoskinson to Sell Luxury Assets to Fund Cardano Rebuilding During the podcast, Hoskinson said he intends to scale back his lifestyle and redirect funds toward development efforts. He mentioned assets such as his Blackhawk helicopter, private jet, and Lamborghinis as examples of items he would sell while he “goes all in,” based on clips shared from the discussion. The Cardano founder also said he does not view the sector’s long-term vision as finished, despite the downturn. The current market is a period that can test commitment, especially for teams building infrastructure and applications. Hoskinson said his focus is shifting toward execution and measurable progress in the ecosystem during the correction. In the same conversation, he joked about selling ADA and NIGHT tokens to artificial intelligence systems and creating new “exit liquidity,” a term used in crypto to describe speculative demand. Moreover, CNF reported that the Cardano founder said institutional capital stayed concentrated in Bitcoin during 2025, limiting the usual “trickle-down” to altcoins. He also discussed the ADA price outlook alongside plans tied to Midnight’s NIGHT token and efforts around Bitcoin DeFi, while suggesting a stronger 2026 market. At the time of reporting, ADA traded at $0.2958, up 0.07% in 24 hours, with $1 billion in 24-hour trading volume.