Cardano’s Charles Hoskinson May Patch Up With XRP Community

Crypto Market News: After publicly criticizing the XRP community for online trolling, Cardano founder Charles Hoskinson finally seemed interested in making amends with them. Previously, CoinGape reported that Hoskinson had cut ties with the XRP community by blocking Twitter accounts he claimed were the targets. After successive lawsuits by the US Securities and Exchange Commission (SEC) against the world’s top two crypto exchanges, Binance and Coinbase, this would be a welcome move to maintain unity in the crypto market.

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Things heated up in October 2022, when the Cardano founder claimed he was being subjected to trolling and harassment by members of the XRP community. This eventually led to him blocking several Twitter accounts. In this context, Hoskinson offers to regain ‘peace’ with society, although it is not yet clear what the plan of action will be.

Cardano Founder ($ADA) Patching With XRP Support?

In a surprising statement, Cardano’s founder asked the XRP-holding community if they were willing to find peace. Part of the crypto market participants saw it as Hoskinson’s way of bringing the crypto community together after the SEC’s recognition of Cardano (ADA) as a security. Many suggested that Hoskinson set up a Twitter space with the XRP community to officially end the public criticism.

XRP community, peace?

— Charles Hoskinson (@IOHK_Charles) June 10, 2023

Interestingly, the two tokens are competing for market share among the top 10 cryptocurrencies. While XRP is currently trading just over half a dollar, Cardano ADA is priced at $0.28, with XRP and ADA ranking 6th and 7th respectively in terms of market value.

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and relied on crypto and web 3.0. He is currently based in Hyderabad, India. Contact him at [email protected] or twitter.com/BitcoinReddy

The content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.