An interesting turn of events in the Cardano ecosystem. Just a few days ago, Charles Hoskinson positioned the network as a serious competitor to Bitcoin, and now he’s suggesting investing the treasury in BTC itself. Apparently, the strategy has changed.



Charles Hoskinson recently addressed the community with a rather bold proposal: to allocate part of Cardano’s reserves to buy Bitcoin. The treasury currently holds about $1.2 billion in ADA. But this isn’t about a complete reorientation, rather about diversification by investing approximately 5-10% of these funds into BTC and stablecoins.

The idea seems logical: to build a treasury that generates income through multiple assets, plus use it as a tool to buy back ADA. This resembles a trend that institutions and even governments are actively implementing now. Charles Hoskinson clearly sees potential in this approach.

But that’s not all. Simultaneously, Cardano is preparing to integrate XRP and RLUSD directly into the ecosystem. According to Hoskinson, this will open new opportunities in the DeFi segment, especially in lending, staking, and borrowing. Interoperability between Cardano and Ripple should improve, and liquidity of stablecoins will increase.

It sounds like an attempt to expand the network’s appeal and attract more investors. Some analysts see this as a positive step, while others criticize Charles Hoskinson for desperate attempts to revive activity on the network. But the founder and the community remain optimistic.

A separate question is about the ADA ETF. There was a time when the approval probability was estimated above 70%, but recent forecasts have dropped to 67%. The SEC has not clarified the situation yet, creating some uncertainty. Nevertheless, the prospect remains realistic.

Overall, it seems that Cardano is trying to rearm itself through asset diversification and integration of other networks. Time will tell the results.
ADA1,83%
BTC0,43%
XRP1,27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin