Cardano Makes XRP, BTC More Valuable; Says Hoskinson
Nidhi Kolhapur12 May 20252 min read
In a recent podcast with eToro, Charles Hoskinson, the co-founder of Cardano, opened up about the project’s evolution, the current state of crypto regulation, and where the blockchain technology is headed.
What Makes Cardano Unique?
He started by explaining what makes Cardano stand out, saying that it combines Bitcoin’s secure transaction system with Ethereum’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.
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,” 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 Cardano’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
- Cardano merges Bitcoin’s security with Ethereum’s smart contracts, adding scalability via Hydra and UTXO for security.
