Cardano (ADA) founder Charles Hoskinson, one of the important names in the cryptocurrency market, created excitement in the crypto community by giving hints about a possible collaboration with Ripple.
Is a Ripple-Cardano Partnership Coming?
Cardano founder Charles Hoskinson praised CEO Brad Garlinghouse, pointing to the Ripple partnership amid calls for regulatory clarity for the cryptocurrency sector.
In his post from the X account, Hoskinson praised Ripple CEO Brad Garlinghouse, calling him a “great CEO.”
He also described Garlinghouse as “extremely collaborative.”
“I just spoke with Brad Garlinghouse. He's a great CEO and extremely collaborative. I'm excited to see what the future holds.”
While these posts by Charles Hoskinson fueled speculations that Cardano and Ripple could enter into a strategic partnership, the Ripple CEO also responded.
Thanking Hoskinson for his kind words, Garlinghouse agreed with Hoskinson’s comments, saying it was time for the crypto community to “unite” for a “level playing field” and clear regulation.
Thanks for the kind words @IOHK_Charles — now is the time for the crypto community to come together, push for a level playing field and clear rules of the road.
A rising tide lifts all boats. https://t.co/vOzXaS6mVP
— Brad Garlinghouse (@bgarlinghouse) November 12, 2024
Experts noted that with Hoskinson’s support and Garlinghouse’s call for cooperation, the potential Ripple-Cardano partnership could see both companies strengthen their market positions and support regulatory efforts.
XRP-Cardano Relationship!
As is known, there has been a long-standing disagreement between Cardano founder Hoskinson and the Ripple and XRP community. However, Hoskinson recently apologized to the XRP community and announced his intention to cooperate with Ripple.
While Hoskinson’s new support for Ripple and potential collaboration has been welcomed by some in the community, others say it’s unrealistic.
At this point, analyst Steven Nerayoff, who thinks that Hoskinson's posts and apology are not real, referred to Hoskinson's years-long hostility towards Ripple and questioned the timing of his latest support. Criticizing Hoskinson and claiming that his comments may be for political and personal gain, Nerayoff said, “Your empty apology to the XRP Community is useless.”
XRP and Cardano (ADA), which have made significant gains in the rally in recent days, have increased by 23% and 48% respectively in the last week.
*This is not investment advice.
