### Ben “BitBoy” Armstrong Shares Surprising Thoughts on Cardano (ADA)
In a recent livestream, crypto influencer Ben “BitBoy” Armstrong made some intriguing comments about the third-generation blockchain Cardano (ADA), which even caught the attention of Cardano’s founder, Charles Hoskinson.
### Has BitBoy Become ADA’s Champion?
During the livestream on Wednesday, Armstrong boldly claimed that he had “single-handedly saved the ADA project,” a notable shift from his previous stance where he often referred to the cryptocurrency as “dead.” He clarified that his earlier criticisms of Cardano were not rooted in genuine disdain for the project. Instead, he described it as a clever reverse psychology tactic aimed at attracting institutional interest to ADA. He pointed to the recent application by crypto asset manager Grayscale to launch a U.S.-listed Cardano exchange-traded fund (ETF). If this ETF is approved, it would allow institutional investors to gain exposure to Cardano without needing to hold the asset directly.
You might remember that last July, BitBoy stirred up some controversy by suggesting that ADA had lost its appeal to institutions, a statement he believed would diminish its credibility as a viable investment. However, it seems he has had a change of heart regarding ADA. “All it took was the BitBoy telling everybody that Cardano is dead, and the institutions said we can’t let BitBoy win, we got to go back in on Cardano,” he remarked. “So, guys, I have single-handedly saved the ADA project fresh off of my Adderall binge, and I am so excited that together, me and the Cardano community can move forward.”
### Reactions from the Crypto Community
As anticipated, Armstrong’s comments sparked a variety of reactions within the crypto community, including a warm response from IOG CEO Charles Hoskinson. The Cardano founder expressed his appreciation for BitBoy’s newfound enthusiasm. “We’re very excited and glad that you’ve gotten what you needed to get, BitBoy, and we wish you well, and we hope that you’re doing well, and thank you for the kind words about Cardano,” Hoskinson said with a friendly smile in a brief video response on X.
### Market Movements
Despite the buzz surrounding BitBoy’s remarks, the price of ADA has seen a decline of 9% on the day, as Bitcoin and the broader crypto market face challenges amid renewed concerns over potential trade tariffs from President Trump. As of the latest update, ADA was trading at $0.6143.
