The founder of Cardano Charles Hoskinson stated that the coin of this blockchain, $ADA
surpassed Bitcoin in growth rate and the founder of Cardano Charles Hoskinson stated that the coin of this blockchain, ADA, has surpassed Bitcoin in growth rate and that this trend will continue. In an interview with Blockworks co-founder Jason Yanowitz, Hoskinson said that over the past year ADA has grown by 91%, while BTC has increased by 71%. According to Hoskinson, this superiority of ADA over Bitcoin has been maintained for several years. Additionally, ADA has increased in price by 3900% since its initial price of $0.02 in September 2017, while Bitcoin during the same period showed growth of only 2410%, from a price of $4337 per coin. Hoskinson shared that the Cardano project conducted an initial coin offering (ICO) in four stages, from September 2015 to January 2017. At that time, the Cardano team held 108,000 BTC received during the crowdsale after converting Japanese yen — at that moment Cardano was one of the largest holders of Bitcoin, the co-founder of the project boasted. According to Hoskinson's calculations, these Bitcoins would now be worth about $12.8 billion. However, the team directed these funds towards the creation and development of the Cardano ecosystem. Currently, the market capitalization of Cardano is nearly $30 billion, which exceeds the valuation of those very Bitcoins by 150%. This indicates that ADA has surpassed Bitcoin by approximately 2.8 times, and the coin can be considered a much more lucrative investment than BTC, believes Hoskinson. The founder of Cardano believes that Bitcoin at best will grow tenfold, to $1 million, while the difference in potential growth of ADA compared to Bitcoin could range from 10 to 100 times, thus the ADA rate could increase by 100 to 1000 times. A catalyst for ADA's growth could be the new privacy protocol of Cardano — Midnight, designed to maintain the advantages of an open ledger. Hoskinson announced that the upcoming airdrop of NIGHT is expected to take place in the second half of this year. According to his forecast, the market capitalization of the NIGHT token could grow to $10 billion. Recently, Hoskinson stated that the rapid development of the crypto industry is hindered by the lack of blockchain compatibility and close cooperation between crypto projects. He expressed his readiness to integrate the stablecoin of Ripple, RLUSD, into the Cardano blockchain — without charging fees.#ADA