The founder of Cardano, Charles Hoskinson, known for his statements, has once again stirred the crypto world — this time with a bold assertion that ADA may become the biggest threat to Bitcoin.
In a recent proposal, Hoskinson introduced the idea of creating a $1 billion sovereign fund for Cardano aimed at accelerating ecosystem development, promoting ADA adoption, and changing the global perception of cryptocurrency governance.
Could this be the step that elevates Cardano to the top? Analysts believe that by 2025 another altcoin will play a leading role and could become a more serious competitor to Bitcoin than ADA.
Cardano could overthrow Bitcoin's dominance with next-generation capabilities.
The founder of Cardano, Charles Hoskinson, recently stated that Cardano represents the most serious threat to Bitcoin due to its technical structure and next-generation governance model. He explained how the development of smart contracts on Cardano based on UTXO and on-chain governance are radical improvements compared to Bitcoin's more rigid structure.
Hoskinson believes that Bitcoin's plan is something that Cardano has already integrated. He argues that Cardano is not just taking on the 'unfinished business' that early Bitcoin developers started but never completed, making ADA a promising solution for secure and scalable transactions on the blockchain.
Hoskinson's $1 billion fund could rethink the Cardano ecosystem.
Hoskinson proposed to create a decentralized sovereign wealth fund of $1 billion to stimulate Cardano's DeFi and stablecoin sectors. The fund will invest treasury ADA in assets such as Bitcoin and stablecoins, encouraging network liquidity and limiting inflation risk.
This move resonates with the adoption of Ethereum projects supported by treasury. It could also help Cardano catch up in the DeFi space with networks like Solana, which currently dominate Total Value Locked and stablecoin activity. However, some experts warn that this may lead to market imbalance if not monitored properly.
Conclusion: a new era of ecosystem competition?
ADA and RTX are two of the largest aspects of blockchain technology. Cardano is technical mastery and formal regulation, while Remittix provides speed and convenience. Hoskinson's vision for 2025 also includes the integration of BTC and privacy tools, but such innovations may not immediately reflect on the price of ADA.