- Charles Hoskinson believes Cardano’s unique features can enhance the value of Bitcoin and XRP through mutual collaboration.
- He also emphasized Cardano’s strong foundation and scalability, positioning it as a key player in the future of blockchain technology.
In a recent podcast with eToro, Charles Hoskinson, the co-founder of Cardano, shared his thoughts on the evolution of the blockchain space, the state of crypto regulation, and the future of decentralized finance (DeFi). He believes that Cardano is poised to enhance the value of other major cryptocurrencies like Bitcoin (BTC) and XRP, and offers a unique vision for the future of blockchain technology.
What Sets Cardano Apart?
Hoskinson emphasized the distinctiveness of Cardano, noting that it combines Bitcoin’s robust transaction security with Ethereum’s smart contract functionality. What sets Cardano apart is its flexibility and scalability. With features such as the UTXO (Unspent Transaction Output) model for enhanced security and Hydra for increased scalability, Cardano positions itself as a key player in the DeFi space, particularly on Bitcoin’s blockchain. He also highlighted how Cardano’s deflationary model and governance structure make it increasingly attractive during times of market volatility, caused by factors like the US-China tech rivalry and AI disruption.
Also read: SUI vs. Solana: Why Solana Still Leads in DeFi and Institutional Investment Despite SUI’s Surge
Enhancing Bitcoin and XRP’s Value
A major takeaway from Hoskinson’s interview was his belief in the power of collaboration between Cardano, Bitcoin, and XRP. “I can solve big problems for the Bitcoin and XRP ecosystems and create mutual value,” he remarked, describing the relationships as win-win. Hoskinson explained that by building these connections, not only would Bitcoin and XRP become more valuable, but Cardano would benefit as well—ultimately boosting the entire blockchain ecosystem.
He also voiced his criticisms of Solana, which he believes relies too heavily on speed and memecoins, and Ethereum, which he sees as having a flawed model. Hoskinson argued that the value is shifting to faster, more affordable blockchain platforms, with Cardano leading the way.
The Future of Blockchain
Looking ahead, Hoskinson expressed concern about the potential disruption of blockchain technology by tech giants like Microsoft and Google. However, he remains confident that Cardano’s strong foundation, decentralized governance, and long-term vision position it as a unique and resilient player in the evolving blockchain space.
Cardano is currently seeing bullish momentum, with its price up over 5% in the last 24 hours and a 21% increase in the past week. Despite some concerns over recent contract terminations, Hoskinson is focused on accelerating Cardano’s development, particularly with the upcoming Leios update set for 2026.
