It appears there have been reports and discussions about President Donald Trump's potential interest in including Cardano (ADA) in a U.S. crypto strategic reserve, as well as broader comments from Cardano's founder, Charles Hoskinson, regarding Trump and crypto policy. $ADA
Here's a breakdown of the situation:
* Trump's Proposed Crypto Reserve: Reports from early March 2025 indicated that Donald Trump had publicly stated, primarily on Truth Social, his intention to create a U.S. crypto strategic reserve that would include XRP, Solana (SOL), and Cardano (ADA). He later clarified that Bitcoin (BTC) and Ethereum (ETH) would also be at the heart of this reserve. This announcement caused a significant price surge for ADA and other mentioned cryptocurrencies.
* Charles Hoskinson's Stance:
* Surprise and Lack of Consultation: Charles Hoskinson, the founder of Cardano, expressed surprise and even some frustration upon learning that ADA was being considered for such a reserve, as he claimed he had no prior consultation or knowledge of the plan from the Trump administration. He reportedly "knew nothing about it" until the public announcement.
* Focus on Policy, Not Optics: Despite the potential for a high-profile endorsement, Hoskinson has indicated that he prioritizes sustainable, permanent policy over "optics" or quick deals. He was reportedly not invited to a White House crypto summit in March 2025, even after the announcement of ADA's inclusion in the proposed reserve. When asked if he relished face time with Trump, he stated, "I don't need to make a deal with Trump."
* Broader Engagement: Hoskinson has been active in advocating for crypto-friendly regulations and policy, even planning to establish a policy office in Washington D.C. He has consistently argued for clear and common-sense regulations for the crypto industry, believing it can add trillions of dollars in value and create millions of jobs. He has also expressed a willingness to work with any administration to establish a regulatory framework.
* Past Comments: Hoskinson has previously made predictions about Bitcoin's potential price, citing market stabilization and interest rate changes. He has also engaged in discussions about the decentralization of Cardano, pushing back against claims of centralized control.
In essence, while Donald Trump's mention of ADA for a potential strategic reserve generated excitement and price movement, Charles Hoskinson's public comments suggest a more pragmatic approach, emphasizing the need for genuine policy engagement and sustainable regulatory frameworks rather than seeking direct endorsements or quick wins.
