Cardano Founder Surprises Community by Suggesting Buying Rival Solana ($SOL) Cryptocurrency.
In a surprising move, Charles Hoskinson, the founder of Cardano and CEO of its development firm IOHK, recommended purchasing Solana ($SOL), a major Proof-of-Stake (PoS) cryptocurrency and a direct competitor to Cardano. Hoskinson, known for defending Cardano and focusing on its technological advancements rather than creating hype, took to social media to offer this unexpected suggestion.
Recently, Hoskinson also shared news about a new doctor joining his independent healthcare clinic, an effort he claims is part of his fight against the healthcare monopoly in the U.S.
When a user on Crypto X, likely a Cardano supporter, made a humorous comment about Hoskinson's clinic and personal attributes, Hoskinson responded with a sharp retort: "Buy some Solana." Many interpreted this as a playful jab at Solana’s network issues, hinting that the user might experience the same frustrations with Solana as with his previous criticism. Despite the rivalry between the two blockchain platforms, Hoskinson’s comment received praise from some in the crypto community for his boldness.
Interestingly, the critic who posted the comment appears to be more of a Cardano enthusiast than a true detractor, with a history of favorable tweets about Cardano's technology.
**Cardano’s “Chang” Hard Fork**
Just a week ago, Cardano successfully implemented its “Chang” hard fork, a significant milestone in its Voltaire era roadmap. This upgrade focuses on enhancing on-chain governance, pushing Cardano further toward decentralization and community-driven decision-making.
**Cardano’s Market Performance**
As of now, Cardano’s native token, ADA, is trading at $0.33, marking a 5% increase in the last 24 hours despite the overall bearish market conditions. Cardano's resilience amid market corrections has impressed many in the crypto community.
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