Cardano Founder Charles Hoskinson Talks About Bitcoin (BTC), ADA, and XRP! Outlines His Plans!
Cardano (ADA), one of the largest altcoins in the cryptocurrency market, experienced a major attack after Donald Trump’s presidential victory.
While ADA continues to make a name for itself with its 100 percent rise, Cardano founder Charles Hoskinson made a bold prediction for Bitcoin (BTC).
Hoskinson predicted at the recent Bitcoin Conference that Bitcoin could reach somewhere between $250,000 and $500,000 in the coming years.
Hoskinson also shared Cardano’s latest expectations for the decentralized finance (DeFi) space, including plans to integrate XRP into its growing ecosystem.
Noting that Bitcoin is a store of value from the strength of DeFi, he said the shift towards BTC is accelerating.
Reiterating three long-standing and defining principles for Bitcoin, Hoskinson listed them as “all transactions must use only Bitcoin, fees must be paid in BTC, and returns must come only from Bitcoin.”
Hoskinson said that these rules help protect Bitcoin’s identity but make DeFi integration extremely difficult, and that’s where Cardano comes in.
At this point, Hoskinson stated that they have developed the technology to enable DeFi integration and connect BTC and DeFi without changing the essence and identity of Bitcoin.
Charles Hoskinson also confirmed that Cardano is working to incorporate XRP into the DeFi ecosystem and wants to leverage XRP’s strong reputation for cross-border payments.
Finally, Hoskinson added that this integration could help create a seamless, scalable multi-chain ecosystem where Bitcoin, XRP, and Cardano can work together, increasing financial access and inclusivity around the world.
*This is not investment advice.
