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Cardano founder Charles Hoskinson has once again stirred debate in the crypto community, endorsing Cardano (ADA) and Ripple’s XRP as safe, blue-chip cryptocurrencies while dismissing Solana (SOL) as mid. His remarks came during an interview with David Gokhshtein on the Gokhshtein Podcast, where he discussed the selection of key cryptocurrencies for the United States national reserve, following an announcement by Donald Trump . Trump, now serving as the 47th President of the United States, revealed that Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) would be included in the country’s national crypto reserve. “I think Cardano and XRP will score very well because we’ve been around for a long time in the top 10,” he stated, emphasizing their stability and reliability. He also praised Cardano’s ability to withstand challenges, referencing past issues with the Cardano Foundation, market crashes, and regulatory uncertainties. “We’ve been through everything you can imagine,” he noted. Hoskinson firmly believes that ADA and XRP have earned their status as blue-chip cryptocurrencies, making them strong candidates for the U.S. crypto reserve. “It’s a very safe blue-chip cryptocurrency, and XRP is as well,” he added. This endorsement comes on the heels of Cardano and the XRP Ledger (XRPL) partnering to enhance seamless interoperability. The two networks recently launched a new blockchain bridge, facilitated by Wanchain, allowing users to transfer ADA and XRP across their respective networks. While praising ADA and XRP, Hoskinson didn’t offer the same recognition to SOL, calling it “mid”, a slang term implying that Solana is neither exceptional nor terrible, just average. Charles noted that Solana is caught in a gray area, neither a new blockchain nor an established veteran. However, he did acknowledge its resilience, pointing out that it managed to survive the FTX collapse. When FTX imploded in November 2022, it triggered a massive sell-off in SOL, crashing its price to around $8 and exposing Solana’s deep financial ties to the bankrupt exchange. Beyond ADA and XRP, Hoskinson raised an important question: Which other altcoins might be included in the national reserve? He speculated whether Avalanche (AVAX) or Hashgraph (HBAR) could be considered next. To ensure a structured selection process, the founder suggested that a working group be formed to establish clear criteria for choosing reserve assets and managing the portfolio. Meanwhile, CryptoRank has predicted that other possible altcoins for inclusion may be Litecoin (LTC), Polkadot (DOT), Chainlink (LINK), Dogecoin (DOGE), and Aptos (APT). Currently, XRP has surged 5.48% in the last 24 hours, trading at $2.49. ADA has jumped 18.35% to $0.9540. The strong performance of both assets further reinforces their growing adoption and perceived stability in the crypto space.

Blockchains currently compete to lead the NFT market through annual trading volume growth and increasing transaction count and user interaction. The blockchain network Ethereum continued to dominate in February while Bitcoin, Solana, and Polygon demonstrated substantial development. The following analysis reviews the performance of the twelve foremost blockchains that recorded NFT sales. TOP BLOCKCHAINS BY MONTHLY #NFT SALES VOLUME #Ethereum #Bitcoin #Solana #Polygon #Mythos #Immutable #Base #BNBChain #Flow #Ronin #Cardano #Avalanche pic.twitter.com/Xtykuie1oM — PHOENIX – Crypto News & Analytics (@pnxgrp) March 5, 2025 Ethereum Maintains Its NFT Market Leadership In February 2025, Ethereum maintained its leadership position as the NFT market leader by achieving $223 million in sales through 623,602 transactions. The blockchain maintained its leadership position as a prominent trading platform through its 36,745 purchasers and 31,744 vendors. Ethereum retains its market dominance for blue-chip NFT collections and primary major marketplaces despite its elevated gas costs. The NFT industry maintains its leadership in the network due to its high liquidity alongside strong security and extensive ecosystem components. Bitcoin’s NFT Ecosystem Expands Rapidly Bitcoin occupies the second position in the NFT sector due to its $104.8 million sales alongside 158,439 transactions. The Bitcoin-native NFTs and Ordinals phenomenon has resulted in 3,498 purchasers and 3,681 traders across the platform. Traditional blockchain systems historically avoided association with NFTs until innovative inscription methods created a sudden market growth. The NFT market entry of Bitcoin transforms investor and trader understanding of blockchain capabilities, which extend beyond maintaining value. Solana, Polygon, and Mythos Drive High Transactions Solana maintained its dominant market position through NFT sales that totalled $51.3 million and transaction processing at 723,603 transactions. Low transaction fees combined with fast processing enabled Solana to achieve 16,584 buyers while attracting 21,704 sellers during its period. The activity on Polygon’s blockchain reached remarkable heights when it achieved $44.4 million in sales and processed an astounding 1,077,829 transactions. Polygon developed its status as a leading platform for gaming through its combination of 11,125 buyers and 3,409 sellers who access affordable NFT collections. Mythos emerged as an emerging blockchain with $41.1 million in sales and 1.6 million transactions, which exceeded most networks’ trading counts. Today this blockchain attracts substantial participation from both traders and NFT admirers because it pairs 10,122 sellers and 12,148 buyers. Emerging Blockchains Gain Traction in NFT Space Immutable X, specialized in game NFTs, achieved $20.8 million in sales while processing 34,478 transactions. The network maintained its status as a gaming NFT leader through its 1,616 buyer and 1,714 seller participation base. The Base Layer-2 blockchain operated by Coinbase achieved $13.8 million in transactions while completing 353,387 operations. The NFT ecosystem appreciates Base for its growing presence despite having only 2,057 buyers and 3,009 sellers. BNB Chain experienced $8.1 million in sales from its 28,427 transactions through 4,544 buyers and 2,365 sellers to secure its position in the market. The platform Flow, which ruled the market through its NBA Top Shot project, generated $5 million in sales while processing 304,138 transactions involving 2,569 buyers and 2,674 sellers. Despite a reduction in its trading volume, the platform continues to stay active in the NFT collectables sector. Ronin, Cardano, and Avalanche are the last three on the list. The Future of NFT Market Competition The dominance of Ethereum continues while the quick Bitcoin market growth indicates changing NFT trends. The transaction volume competition between Solana, Polygo, and Mythos continues as Base and Immutable X establish their positions in the market.

Expecting a rebound at the blue highlighted range for $AXS #AXS

Back in late February, blockchain interoperability protocol Axelar (AXL) announced a partnership with American fintech firm Ripple to improve the interoperability of the XRP Ledger (XRPL), creating seamless connectivity with numerous blockchain networks. Axelar’s integration will further amplify XRPL’s use cases, unlocking cross-chain applications and potentially boosting XRP adoption among developers and enterprises. The collaboration places XRPL in a broader multi-chain environment, which could attract liquidity and stimulate demand for XRP as it becomes more functional beyond its traditional remittance use case. Notably, adding to the upbeat sentiment around Axelar, Canary Capital filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the Axelar (AXL) token. The ETF would offer exposure to AXL’s cross-chain capabilities across key ecosystems, including XRPL, Hedera, Stellar, Solana, and Bitcoin. The news has already sparked a 14% surge in AXL’s price, according to CoinMarketCap data . Adding to the momentum, Brian Brooks, former US Comptroller of the Currency, has joined the Axelar Foundation as an advisor. His involvement suggests that institutional players are increasingly recognizing the value of cross-chain infrastructure, potentially extending to broader market sentiment regarding XRP. At the time of writing, XRP trades at $$2.51, up 1.31% in the past 24 hours. The daily chart provided by TradingView below shows that the Relative Strength Index (RSI) sits at 50.25, hovering around the neutral zone. Related: XRP Will Head For $13 Soon If The Altcoin Meets Certain Conditions — Analyst This implies that XRP is neither overbought nor oversold, leaving room for both upward and downward movement. The gradient of the line points to measured movement in the near term. Related: Ripple CTO David Schwartz Confirms XRP Sales Are Necessary to Fund Operations, Prioritizing Company Interests The MACD (Moving Average Convergence Divergence) shows that the MACD line (blue) is above the signal line (orange) with the histogram showing bullish momentum with green bars. The 20-day Exponential Moving Average (EMA) has been reclaimed and investors might see XRP retest this level at $2.48. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Some highlights of the crypto summit will be held tomorrow A question arises : Will the cryptocurrency build its building on the central point of the market? the White House Crypto Summit on Friday unveils the hidden crypto further plans. The first-of-its-kind event could potentially mark the launch of the U.S. strategic crypto reserve. Most of the industry leaders and members of President Donald Trump's crypto task force are expected to attend. ⁿMeanwhile, bitcoin and cryptocurrency prices rebounded modestly on Wednesday, ahead of the summit. The White House Crypto Summit will take place from 1:30 p.m. to 5 p.m. ET on Friday, March 7. David Sacks, President Trump's AI and crypto czar, is expected to lead the affair. Bitcoin and ethereum are two blue-chip cryptos that were considered prime candidates for the strategic reserve. But the inclusion of SOL, XRP, and ADA was a bit of a surprise.. People are anxiously  waiting for the day . They want something new and a plan for digital currency. Bull run expected to happen , you will see the rise in alt coins as well as big crptos to rise at peak .