Cardano Founder Charles Hoskinson Discusses the Future of ADA: He Praises the Founder of This Controversial Altcoin!

cryptonews.ruОпубліковано о 2026-08-11Востаннє оновлено о 2026-08-11

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Charles Hoskinson, founder of Cardano, made several statements regarding the crypto industry's future. He praised Justin Sun, founder of TRON, noting their longstanding positive relationship built on mutual respect. Hoskinson discussed Cardano Foundation's successful engagement with European Union institutions. He highlighted RealFi within the Cardano ecosystem as its most promising project, with the potential to bring $1 billion in Total Value Locked (TVL) within a year. Regarding other projects, he stated he has no issues with Monad and expressed confidence that Coinbase would eventually list the NIGHT token from Midnight, despite its current absence due to Coinbase's investment in rival project Aleo. Finally, Hoskinson shared a pessimistic outlook on the chances of the CLARITY Act, a key US crypto regulatory bill, being passed into law.

Cardano founder Charles Hoskinson made statements about TRON founder Justin Sun, relations with the European Union, Monad, Midnight, and Cardano's goals in decentralized finance. Hoskinson also stated that he sees little chance of the CLARITY Act passing, a bill closely monitored by the cryptocurrency sector in the United States.

Hoskinson, stating that he has had a good relationship with Justin Sun for many years, said: "I love Justin Sun. He has been very kind to me over the years. We have a very good and sincere relationship based on mutual respect. He has accomplished incredible things. For him, there is only one direction: up. It is admirable."

Hoskinson also mentioned the contacts maintained with European Union institutions, stating that work in this area is largely carried out by the Cardano Foundation. He said the Foundation has established strong connections across the EU and regularly receives invitations to events, adding that he considers the current work successful.

Hoskinson stated that he has had no issues with the Monad company.

Hoskinson specifically highlighted RealFi, a product within the Cardano ecosystem, stating that it is one of the company's most promising projects. He claimed that RealFi has the greatest potential to secure $1 billion in Total Value Locked (TVL) for Cardano within the next 12 months.

Hoskinson also commented on the absence of Midnight's NIGHT token on Coinbase, stating that Coinbase is the only major exchange that has not listed this token. He explained this by citing Coinbase's investment in Aleo, which the exchange considers a competing project, but expressed confidence that the exchange would change its decision in the future.

Hoskinson also shared his expectations regarding the CLARITY Act, which aims to regulate the digital asset market in the United States. When asked if the bill would be passed, he replied: "Probably not."

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QWhat did Charles Hoskinson say about his relationship with Justin Sun?

AHe stated that he has a good relationship with Justin Sun based on mutual respect, appreciates his kindness over the years, and admires his accomplishments.

QWhich project within the Cardano ecosystem does Hoskinson believe has the greatest potential to bring $1 billion in TVL?

AHoskinson highlighted RealFi as the project with the greatest potential to bring $1 billion in Total Value Locked (TVL) to Cardano within the next 12 months.

QWhy does Hoskinson think the NIGHT token from Midnight is not listed on Coinbase?

AHe believes it's because Coinbase has invested in Aleo, which it considers a competing project to Midnight, but he is confident Coinbase will list it in the future.

QWhat is Hoskinson's view on the likelihood of the CLARITY Act being passed in the US?

AHoskinson stated that he sees little chance, answering 'Probably not' when asked if the CLARITY Act will be passed.

QAccording to Hoskinson, which organization is primarily responsible for Cardano's engagement with European Union institutions?

AHe said that the work with EU institutions is largely handled by the Cardano Foundation, which has established strong connections across the EU.

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ENS Plans Large-Scale Expansion of Institutional Activity via Foundation Launch

The Ethereum Name Service ($ENS) DAO token holders ratified the "Next Era of $ENS DAO" proposal, leading to the launch of the $ENS Foundation on-chain as a legal operational entity with a paid executive director, staff, and a five-member board, according to an August 11 blog post by $ENS Labs. This new foundation addresses limitations of the DAO structure, enabling activities like signing standardization agreements, hiring full-time staff, pursuing trademark infringements, and interacting with regulators and courts. $ENS Labs will now focus on technical development, including the ENSv2 upgrade, while the foundation handles off-chain operations, engages with bodies like ICANN and W3C, and pursues a .eth top-level domain. The $ENS DAO retains 54.6% of the total token supply and control over the protocol. The foundation is funded by .eth domain registration revenues, with its transactions subject to a 9-day security council veto period. It is a separate legal entity from $ENS Labs. The inaugural board includes Alexander Urbelis (Executive Director, former $ENS Labs CISO), founder Nick Johnson ($ENS Labs CEO), and three independent directors. Board terms last two years. This update follows governance tensions earlier in the year, including a June proposal for a temporary security council restructure. CEO Nick Johnson's significant token holdings reportedly influenced a vote against extending prior security council agreements, leading to a new eight-member council. Currently, the $ENS token is trading around $4.12, down over 95% from its November 2021 peak.

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