Cardano’s Charles Hoskinson May Finally Patch Up With XRP Community
Crypto Market News: After publicly criticizing XRP community over online trolling, Cardano founder Charles Hoskinson finally appears to be interested in patching up with them. Earlier, CoinGape reported that Hoskinson had cut ties with the XRP community by blocking Twitter accounts he claimed to be targeting him. In the wake of the back to back lawsuits by the U.S. Securities and Exchange Commission (SEC) against two of the top crypto exchanges in the world, Binance and Coinbase, this will be a welcome move to maintain unity in the crypto market.
Also Read: Ethereum Co-Founder Names Three Key Transitions to Watch as Network Grows
Things got heated up in October 2022, when the Cardano founder claimed that he was target of trolling and harassment by members of the XRP community. This eventually led to his blocking of several Twitter accounts. In this context, Hoskinson offered to regain ‘peace’ with the community, although it is not clear yet as what could be the action plan.
Cardano ($ADA) Founder Patching Up With XRP Supporters?
In a surprise statement, the Cardano founder asked the XRP holder community if they were willing to find peace. A section of the crypto market participants viewed it as Hoskinson’s way of uniting the crypto community in the wake of the SEC’s recognition of Cardano (ADA) as a security. Many suggested that Hoskinson hold a Twitter space with the XRP community to officially put an end to the public criticism.
XRP Community, peace?
— Charles Hoskinson (@IOHK_Charles) June 10, 2023
Interestingly, the two tokens are taking head on in fight for the market share among top 10 cryptocurrencies. While XRP price is currently trading at just above half a dollar, Cardano ADA price is at $0.28, with XRP and ADA ranked 6th and 7th respectively in terms of market value.
Also Read: US DOJ Charges Russian Nationals In Mt. Gox Hack & Running BTC-e Exchange
- USDH Launch Boosts Hyperliquid Amid Competitive Market Pressure
- SEC to Decide on Six Spot XRP ETF Applications in October
- Ripple Partners with Ondo Finance to Tokenize U.S. Treasuries on XRPL
- Ethereum Exchange Supply Drops 52% as $3,700 Liquidation Risk Grows
- XRP News: mXRP Vault Surpasses $22M as Investors Capitalize on Staking Rewards
- Pepe Coin Price Bounce Likely as Support Zone Aligns With Rising Social Activity
- Solana Price Set for Recovery Amid Wyckoff Accumulation and Canary Capital ETF Filing
- Avalanche Price Could Surge to $50 as Transactions Jump 200%
- CHMPZ Price Prediction:Will This Net-Zero Community Token be the Next Gem?
- Ethereum (ETH) Price Set for a rebound as Whales Accumulate $1.6B ETH and Outflows Hit $622M
- HYPE Price Prediction As Bitwise Files For Hyperliquid ETF – Is $55 In Sight?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
