Cardano’s Charles Hoskinson May 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

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

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.