Charles Hoskinson Claims Cardano Must Win Rivalry Against Ethereum
Charles Hoskinson, founder of Cardano, emphasized the importance of Cardano winning against competitors like Ethereum. He stated that his legacy relies on Cardano's success and noted challenges such as past disconnection with developers and the lack of practical tools.
Key Points
- Hoskinson claims he has no incentive for Cardano to fail.
- Recent developments include the Midnight and Lace Wallet, addressing developer needs.
- Cardano outperformed Ethereum in core developer activity, with 21,439 GitHub commits compared to Ethereum's 20,962.
- ADA price is currently at $0.8352, increasing by 1.04% in the last 24 hours.
- Ethereum is priced at $4,470.76, up 0.23%, with a market cap of $539.56 billion.
- Ethereum ETFs saw inflows of $1.83 billion, significantly higher than Bitcoin’s $171 million.
- Institutional adoption of Ethereum is rising, evidenced by SharpLink holding 800,000 ETH and BitMine more than double that amount.
- Cardano is included in ETF applications but lacks similar traction as a treasury reserve asset.