Charles Hoskinson, the founder of the cryptocurrency Cardano, made interesting remarks about the future of the crypto market, including predictions about growth and potential superiority of his project over Ethereum.
Hoskinson's Predictions for the Market
Hoskinson expressed his belief that the U.S. Federal Reserve (FED) will soon reduce interest rates. He stated:
> "The Fed will cut rates, then the CLARITY Act will come, and then we'll have a massive bull rally."
Comparison of Cardano and Ethereum
In his speech, Hoskinson discussed the possibility of Cardano surpassing Ethereum in market capitalization. He humorously remarked:
> "If ADA surpasses ETH, it will be a brain aneurysm for Ethereum. Vitalik won't retire, he will just collapse from shock."
Interactions with Other Projects
Hoskinson also mentioned the potential integration of the USD1 stablecoin affiliated with the World Liberty Financial platform into the Cardano network. In addition, he reported meetings with Ripple's founder Brad Garlinghouse and his contacts with the founders of Chainlink and Solana.
In conclusion, Charles Hoskinson's views on the state of the cryptocurrency market are of interest to observers and participants in the crypto industry, highlighting possible development directions for both Cardano and Ethereum.