Charles Hoskinson Praises XRP Community as ADA Reaches $1
- Hoskinson praises XRP leadership and community.
- XRP contrasts positively with the controversy of other cryptos.
- Cardano achieves significant appreciation under his leadership.
Cardano founder Charles Hoskinson recently expressed his respect for the XRP community and leadership in a meaningful social media post. He praised the group for their dedication and clarity of purpose, a quality he said has kept the project free from the controversies that often surround other industry figures. At the time of publication, the price of XRP was trading at $2,54, up 2% over the past 24 hours.
XRP has a real community, leadership, purpose, and its founders aren't on an Interpol red notice
— Charles Hoskinson (@IOHK_Charles) January 10, 2025
Hoskinson not only acknowledged XRP’s strengths, but also contrasted its leadership with that of other cryptocurrencies, which have faced legal scrutiny and accusations. He specifically pointed to the situation of Richard Heart, founder of Hex and PulseChain, who was recently red-flagged by Interpol due to allegations of embezzlement. Hoskinson commented on the importance of maintaining a safe distance from associations that could harm the reputation and integrity of a cryptocurrency project.
Hoskinson’s stance on XRP is a notable shift, especially considering his previous disputes with the Ripple team. These were marked by public accusations and disagreements that culminated in SEC actions against Ripple in December 2020. However, in a notable turnaround, he went on a livestream in November where he apologized to the XRP community, attempting to put an end to a long-running dispute.
In the current scenario, as Cardano sees its quoted coin value rise close to $0,9948 with a 5% increase in the last 24 hours, reaching the one dollar mark, Hoskinson’s actions can be seen as an effort to further solidify his position and that of his cryptocurrency in the market, while promoting an environment of integrity and cooperation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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