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Cardano Founder Highlights Ripple’s Progress, Foresees Growth for XRP and ADA
In a recent statement, Charles Hoskinson, the founder of Cardano, praised Ripple’s resilience and leadership, emphasizing its ability to overcome legal and regulatory challenges. This positive sentiment comes as Ripple faces ongoing lawsuits with the United States Securities and Exchange Commission (SEC).
Hoskinson commended Ripple’s dedication to navigating these obstacles, stating that it is crucial for both projects to succeed in the long run despite the numerous challenges they face. He drew comparisons between Cardano and Bitcoin/XRP, noting that all three have the potential to thrive.
The Cardano founder pointed out that each project has had to overcome significant hurdles, citing scaling and market fluctuations issues with Bitcoin, legal battles and regulatory problems faced by XRP, and internal power struggles experienced by Cardano itself. According to Hoskinson, these challenges only serve as a catalyst for growth and help the top two players in the blockchain space – Bitcoin and XRP – to become more resilient.
Hoskinson also stressed that conflicts within decentralized projects are inevitable but ultimately benefit all parties involved, encouraging them to work together and resolve their differences more effectively.
Source: www.crypto-news-flash.com
