{"id":7825,"date":"2026-07-08T18:16:45","date_gmt":"2026-07-08T18:16:45","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/07\/08\/ada-bulls-eye-0-20-as-cardano-founder-says-ethereum-is-adopting-its-eutxo-concept\/"},"modified":"2026-07-08T18:16:45","modified_gmt":"2026-07-08T18:16:45","slug":"ada-bulls-eye-0-20-as-cardano-founder-says-ethereum-is-adopting-its-eutxo-concept","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/07\/08\/ada-bulls-eye-0-20-as-cardano-founder-says-ethereum-is-adopting-its-eutxo-concept\/","title":{"rendered":"ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept"},"content":{"rendered":"<p>Cardano (ADA) remains above 10% higher despite a 24-hour pullback.<br \/>\nHoskinson says Ethereum is adopting eUTXO-inspired ideas.<br \/>\nFocus is on the $0.20 resistance level.<\/p>\n<p>Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17.<\/p>\n<p>The latest price movement comes alongside fresh debate over blockchain architecture after Cardano founder Charles Hoskinson claimed that <a href=\"https:\/\/coinjournal.net\/news\/ethereum-begins-new-week-on-strong-footing-as-bulls-target-key-breakout-levels\/\">Ethereum<\/a> is beginning to adopt ideas that Cardano has championed for years through its Extended Unspent Transaction Output (eUTXO) model.<\/p>\n<p>At the time of writing, ADA was trading at $0.1674, down 6.6% over the past 24 hours.<\/p>\n<p>Despite the daily decline, the cryptocurrency remained 10.2% higher over the previous seven days and 12.8% higher over the last two weeks, showing that bulls have retained much of the momentum built during the recent rally.<\/p>\n<p>The recent retreat has placed the spotlight on whether the token can defend the $0.17 area before attempting another move toward the next major resistance level at $0.20.<\/p>\n<h2>Hoskinson reignites the Cardano-Ethereum debate<\/h2>\n<p>The latest discussion began after Ethereum researcher Toni Wahrst\u00e4tter introduced EIP-8141, also known as Frame Transactions, as part of Ethereum\u2019s broader efforts to improve scalability and reduce long-term state growth.<\/p>\n<p>The proposal explores introducing UTXO-inspired transaction mechanics for simple transfers.<\/p>\n<p>According to the proposal, this approach could reduce Ethereum\u2019s permanent state footprint for payment-related transactions by approximately 99.8%, while remaining compatible with the network\u2019s broader roadmap.<\/p>\n<p>Hoskinson responded by arguing that Cardano has already implemented similar concepts through its eUTXO accounting model.<\/p>\n<p>He suggested that Ethereum is now recognising the benefits of an architecture that Cardano adopted years ago.<\/p>\n<p>The Cardano founder also made headlines with his remark that \u201cit\u2019s literally a crime in the Ethereum inner circles to mention Cardano,\u201d suggesting that Ethereum developers have been reluctant to acknowledge Cardano\u2019s earlier work despite exploring comparable ideas.<\/p>\n<p>It&#8217;s not like I&#8217;ve been literally working on this topic for over 10 years of my life and launched a cryptocurrency that was number three on coinmarketcap with millions of users to deploy it. It&#8217;s literally a crime in the Ethereum inner circles to mention Cardano. EUTXO is the\u2026 <a href=\"https:\/\/t.co\/3F3l6cg0JE\">https:\/\/t.co\/3F3l6cg0JE<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/x.com\/IOHK_Charles\/status\/2074597297007317093?ref_src=twsrc%5Etfw\">July 7, 2026<\/a><\/p>\n\n<h2>ADA price holds key support as traders watch $0.20<\/h2>\n<p>From a technical perspective, ADA\u2019s recent pullback has not erased the gains recorded over the past week.<\/p>\n<p>Instead, focus is now on whether the cryptocurrency can continue holding support around $0.144.<\/p>\n<p>The current price sits close to the lower end of the latest 24-hour trading range after the 6.6% daily decline.<\/p>\n<p>However, the weekly performance remains positive, with ADA still posting a double-digit gain over the previous seven days.<\/p>\n<p>The next major level attracting attention is $0.193, and a move above that level would place the focus on $0.23, another resistance area that traders have identified following the recent recovery.<\/p>\n\n<h2>Cardano continues preparing for its next network milestone<\/h2>\n<p>The latest market discussion also comes as the Cardano network continues infrastructure improvements ahead of its next major protocol upgrade.<\/p>\n<p>Developers recently released Cardano Node 9.0.1, a recommended update for mainnet validators designed to address issues related to the network\u2019s bootstrap process and script execution.<\/p>\n<p>Rather than introducing new user-facing features, the release focuses on improving stability before the ecosystem moves toward its next hard fork.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/ada-bulls-eye-0-20-as-cardano-founder-says-ethereum-is-copying-its-eutxo-concept\/\">ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\/\">CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) remains above 10% higher despite a 24-hour pullback. Hoskinson says Ethereum is adopting eUTXO-inspired ideas. Focus is on the $0.20 resistance level. Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17. The latest price movement comes alongside fresh debate over blockchain architecture [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7826,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-7825","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7825"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7826"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}