Donald Trump's recent announcement regarding a potential US crypto strategic reserve, which notably included Cardano's ADA token,$ADA has drawn a surprised reaction from Cardano founder Charles Hoskinson. While the inclusion of ADA sent its price soaring, Hoskinson has indicated that the decision was made without prior consultation.
$TRUMP Trump's vision for a US "Crypto Capital of the World" has stirred the crypto community, with his proposed reserve listing Bitcoin, Ethereum, XRP, Solana, and Cardano's ADA. This move led to a significant surge in the value of the named altcoins, with ADA experiencing a notable price jump.
Despite the positive market reaction for ADA, Hoskinson expressed surprise at the news, stating that he "knew nothing about it" until the official announcement. He reportedly woke up to congratulatory messages without having been consulted on the inclusion of Cardano's token in such a strategic plan.
This revelation highlights a disconnect between the political sphere's ambitions for digital assets and the development teams behind these technologies. While the idea of a national crypto reserve could signal increased legitimacy for the industry, the lack of direct engagement with key project founders raises questions about the practical implementation and long-term implications of such a strategy.
