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David Gokhshtein, founder and CEO of Gokhshtein Media, shared his perspective on concerns that Midnight could negatively impact Cardano’s price and ecosystem.
He described Midnight as a Cardano partner chain and stated his belief that the privacy applications offered by Midnight will help bring more developers and users into Cardano’s broader ecosystem. As a result, he believes that the success of Midnight has the potential to support Cardano’s growth overall.
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Gokhshtein has issued several notable market forecasts in recent months. He previously projected that Solana could reach $800 and Ethereum might hit $10,000 in the current cycle. In another commentary, he reflected on Bitcoin’s $58,000–$60,000 price range in April. These views follow his latest comments on the Cardano ecosystem.