Cardano Founder Charles Hoskinson characterizes XRP and ADA as safe blue chip cryptocurrencies while relating to Solana as mid.
Hoskinson made this acknowledged at some stage in an interview with David Gokhshtein, the host of the Gokhshtein podcast. In the interview, Hoskinson highlighted the that you would possibly perchance well well imagine criteria in the lend a hand of the series of the property that can purpose in the U.S. crypto reserve.
The U.S. authorities announced initial toughen for 5 cryptos: BTC, XRP, SOL, ETH, and ADA.
ADA and XRP Obtained High Scores
Commenting on the replacement, Hoskinson expressed self perception that ADA and XRP had better scores, which led to their inclusion in the reserve.
He highlighted their longevity and resilience, noting that both coins were in existence for a in actuality lengthy time and trust survived varied challenges, from market downturns to group adjustments. No subject these challenges, he emphasized that ADA and XRP trust continued ranking in the quit 10.
Critically, the Cardano founder referred to both property as ‘safe blue chip cryptos’ essentially essentially based on their resilience and longevity.
Solana Is Mid
However, he described Solana as ‘kinda mid’ because it is neither recent nor archaic. On the replacement hand, he acknowledged Solana’s resilience, in particular its skill to live to notify the tale the FTX incident in 2022, which plunged its mark to around $8. Curiously, SOL rebounded from the mud, soaring to an all-time excessive of $294 in January 2025.
Furthermore, Hoskinson described Solana and Ethereum as the recurring for neat contracts in the crypto market. He seemed impressed that the first 5 digital property selected for the U.S. strategic crypto reserve consist of Bitcoin, the 2-largest neat contract tokens, and two blue chip cryptocurrencies with solid communities and longevity.
Meanwhile, he questioned which cryptos would perchance perchance well be added next, referencing property like Avalanche and Hedera Hashgraph as examples.
Subsequent Steps?
The Cardano boss suggested establishing a working community to search out out the replacement criteria for future toughen. It sounds as if, the Presidential Working Committee created in January would perchance perchance oversee this process and space the recurring for future replacement.
Furthermore, he talked about that this community will additionally confirm the asset procurement and administration. In explicit, the Cardano founder suggested that the U.S. Treasury Department will be to blame of the procurement.
Whereas many facets of the U.S. crypto reserve remain dangerous, Hoskinson believes they’ll be addressed in the impending weeks or months.
In the intervening time, the enterprise expects more info in regards to the reserve in the upcoming Crypto Summit, slated for March 7. White Home AI & Crypto Czar made this acknowledged over the weekend.
