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Charles Hoskinson Addresses Crypto Community, Expects Cardano to Become the Largest Crypto Ecosystem

  • Cardano CEO expects the blockchain to become the largest crypto ecosystem in the world.
  • Cardano Founder Charles Hoskinson addresses the community directly.
  • He highlights how Ethereum is trying to become more like Cardano.

Cardano Founder, Charles Hoskinson, believes Cardano will become the largest crypto ecosystem in the world. The CEO of Cardano (ADA) addresses the ADA community about the future of Cardano after his successful appearance at crypto and blockchain events around the world.

Charles Hoskinson Highlights Cardano’s Capability

He began with stating the toxicity that exists in the crypto space, especially of the negative comments that are directed at Cardano (ADA). He says that this hate hinders growth when in turn creators and developers should be working together and gain more as an industry.

Hoskinson also mentions SUI and its innovative prowess. He also talks about collaborating with the project. Hoskinson goes on to highlight major accomplishments from the academic sector of blockchain-specific research teams in the industry. Ultimately, he believes that collaborative innovation will lead to greater breakthroughs for the web3 industry. He also highlights other impressive projects like Algorand (ALGO).

Ethereum Tries To Be More Like Cardano

Next Hoskinson talks about how Cardano is called a dino chain but presently Ethereum (ETH) is trying to make its ecosystem as strong and capable as Cardano. He calls Cardano a slow and steady chain, a blockchain of compositionality and momentum. Building on top of strong decisions has led the Cardano ecosystem to be a much more powerful network. 

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Presently, the price of Cardano is $0.35 according to CoinMarketCap data. It boasts a total market cap of $12,258,719,148 with a 24-hour trading volume of $133,130,405. Last bull cycle, ADA set an ATH at $3.1 and crypto analysts hope to see all of Cardano’s accomplishments reflect on the price of ADA in the coming bull run phase of the ongoing crypto cycle. 

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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