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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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  • 2 minutes read

Cardano Makes XRP, BTC More Valuable; Says Hoskinson

Story Highlights
  • Hoskinson: Cardano can boost Bitcoin and XRP through win-win blockchain collaboration, challenging Solana and Ethereumโ€™s models.

  • Cardano shifts to faster development with a bullish 21% price surge and strong buy signals across key technical indicators.

In a recent podcast with eToro, Charles Hoskinson, the co-founder of Cardano, opened up about the projectโ€™s evolution, the current state of crypto regulation, and where the blockchain technology is headed.ย 

What Makes Cardano Unique?

He started by explaining what makes Cardano stand out, saying that it combines Bitcoinโ€™s secure transaction system with Ethereumโ€™s smart contracts. According to him, it is also flexible and powerful. With features like UTXO for security and Hydra for scalability, Cardano aims to be the go-to platform for Defi on Bitcoin.ย 

Amid market volatility caused by macro factors like the US-China tech rivalry and AI disruption, he shared how crypto could be a safe haven in such times. He believes that assets like Cardano, with solid governance and a deflationary model, are becoming more appealing. 

Can Cardano Make BTC, ETH Better?

“I can solve big problems for the Bitcoin and XRP ecosystems and create mutual value. These are win-win relationships. It makes $BTC more valuable, $XRP more valuable, it makes Cardano better, and by extension, Midnight,โ€ he said, as he explained the importance of building win-win relationships. 

Cardano, Bitcoin, and XRP could all benefit from working together, he said. He criticized Solana for relying on speed and memecoins, and said that Ethereum’s model is flawed, with value moving to faster, cheaper chains. 

Could Microsoft and Google Disrupt Blockchain?

Hoskinson pointed out that if tech giants like Microsoft and Google get involved, they could shake up the blockchain world. He wrapped up by emphasizing how Cardanoโ€™s strong foundation, decentralized governance, and long-term vision sets it apart as a unique player in the blockchain space.

In a recent X post, he shared how Cardano is shifting from a slow, research-heavy approach to a faster, multi-team model to speed up development. While there are some concerns over recent contact terminations that could cause delays, he is focused on speeding up progress, especially with Leios set for 2026. Cardano is currently trading at $0.8323, up over 5% in the last 24 hours. It has increased 21% in the past week. The technicals also show a bullish trend as most of the moving averages and indicators are flashing buy signals.

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FAQs

What makes Cardano different from Bitcoin and Ethereum?

Cardano merges Bitcoinโ€™s security with Ethereumโ€™s smart contracts, adding scalability via Hydra and UTXO for security.

Can Cardano overtake Ethereum?

Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 18 to 20 years.

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