Cardano Founder Charles Hoskinson Discusses the Future of ADA: He Praised the Founder of the Controversial Altcoin

Cardano founder Charles Hoskinson made statements about TRON founder Justin Sun, relations with the European Union, Monad, Midnight, and Cardano’s decentralized finance goals. Hoskinson also said he sees a low probability of the CLARITY Act, closely followed by the crypto sector in the US, becoming law.

Hoskinson, stating that he has had a good relationship with Justin Sun for many years, said, “I love Justin Sun. He has been very kind to me over the years. We have a very nice and sincere relationship based on mutual respect. He has done incredible things. There is only one direction for him: upwards. You have to admire that.”

Hoskinson also mentioned the contacts maintained with European Union institutions, stating that the work in this area is largely carried out by the Cardano Foundation. He said the foundation has established strong relationships across the EU and is regularly invited to events, adding that he finds the ongoing work successful.

Hoskinson said he had no problems with Monad.

Hoskinson highlighted RealFi, a product within the Cardano ecosystem, stating that it is one of the company’s most promising projects. He argued that RealFi has the highest potential to generate $1 billion in locked total value (TVL) for Cardano within the next 12 months.

Hoskinson also spoke about Midnight’s NIGHT token not being listed on Coinbase, stating that Coinbase is the only major exchange that hasn’t listed the token. He attributed this to Coinbase’s investment in Aleo, which it considers a rival project, but expressed his belief that the exchange will change its decision in the future.

Hoskinson also shared his expectations regarding the CLARITY Act, which aims to regulate the digital asset market in the US. When asked whether the bill would pass, he replied, “Probably not.”

Source