# Hoskinson Is Writing a New Smart-Contract Language for Cardano, Which Holds $63 Million in DeFi

Solana reported 8.92 billion non-vote transactions in the third quarter, a sign of how far activity is concentrating on a few chains.

- Published: 2026-10-20T05:39:30.204Z
- Canonical: https://polylog.news/crypto/2026-10-20/hoskinson-is-writing-a-new-smart-contract-language-for-carda
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/tech/2026/10/19/cardano-founder-charles-hoskinson-is-building-a-new-programming-language-for-the-network), [CryptoSlate](https://cryptoslate.com/hoskinson-reveals-new-code-for-cardano-but-63m-tvl-exposes-a-gap/), [crypto.news](https://crypto.news/solana-q3-2026-transactions-8-92-billion/)

Charles Hoskinson, the founder of Cardano, said on X that he is building a new programming language for the network. The language will bundle transaction requests with cryptographic proofs. He has not given it a name, a specification or a r…

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