BPOI Banner
Cardano’s Charles Hoskinson Says Solana Rival Offering ‘Real Innovations’ and Deserving Great Success in Crypto Cardano’s Charles Hoskinson Says Solana Rival Offering ‘Real Innovations’ and Deserving Great Success in Crypto

Cardano’s Charles Hoskinson Says Solana Rival Offering ‘Real Innovations’ and Deserving Great Success in Crypto

Cardano (ADA) co-creator Charles Hoskinson is giving a shoutout to one of Solana’s (SOL) biggest competitors.

Posting to his 979,000 followers on the social media platform X, Hoskinson says that layer-1 platform Sui (SUI) is earning its spot in the crypto ecosystem.

“Reading about Sui. It’s good to see George’s work come to life. They deserve great success in the space.”

Hoskinson is referring to George Danezis, one of the main designers behind the Sui blockchain and a co-founder of Mysten Labs, the development firm backing and supporting Sui.

Hoskinson says that Sui is “what Solana should have been,” and while he still thinks Cardano is superior, he believes that Sui has “some real innovations.”

Says Hoskinson,

“If you look at the design of Sui, there is real research and there’s a real team that’s behind it. Not commenting on the distribution, the tokenomics, how they’ve launched, all those things. I haven’t looked at those things, nor do I care about them. I don’t hold any Sui, and I’m not involved with the project in any way. So I dispassionately look at these things to say ‘Is there any interesting innovation that has occurred?’

Because it’s important for us as an ecosystem to see what we can collaborate on.”

Although Hoskinson lauds Sui for the project’s solid fundamentals, he says no layer-1 protocol has surpassed Cardano.

“For those wondering, Cardano is still number one. It’s not even close with decentralized governance and all the amazing roadmap items coming.” 

At time of writing, Sui is trading at $1.92, up over 10% on the day.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney



Source link

Alex Richardson

https://dailyhodl.com/2024/10/07/cardanos-charles-hoskinson-says-solana-rival-offering-real-innovations-and-deserving-great-success-in-crypto/

2024-10-07 11:45:48

bitcoin
Bitcoin (BTC) $ 95,189.50 1.41%
ethereum
Ethereum (ETH) $ 3,302.28 1.69%
tether
Tether (USDT) $ 0.999519 0.09%
xrp
XRP (XRP) $ 2.18 2.68%
bnb
BNB (BNB) $ 666.34 0.51%
solana
Solana (SOL) $ 183.32 0.64%
dogecoin
Dogecoin (DOGE) $ 0.312729 1.13%
usd-coin
USDC (USDC) $ 1.00 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,299.50 1.57%
cardano
Cardano (ADA) $ 0.890784 1.10%
tron
TRON (TRX) $ 0.24801 0.39%
avalanche-2
Avalanche (AVAX) $ 36.49 4.07%
chainlink
Chainlink (LINK) $ 22.71 2.03%
the-open-network
Toncoin (TON) $ 5.43 1.29%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,913.34 1.79%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,059.47 1.18%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.73%
sui
Sui (SUI) $ 4.26 4.48%
stellar
Stellar (XLM) $ 0.355019 1.11%
polkadot
Polkadot (DOT) $ 6.89 2.40%
hedera-hashgraph
Hedera (HBAR) $ 0.267933 4.09%
hyperliquid
Hyperliquid (HYPE) $ 28.21 15.47%
weth
WETH (WETH) $ 3,300.91 1.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 442.28 2.48%
leo-token
LEO Token (LEO) $ 9.39 0.43%
uniswap
Uniswap (UNI) $ 13.93 1.22%
litecoin
Litecoin (LTC) $ 101.95 1.10%
pepe
Pepe (PEPE) $ 0.000018 1.98%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,482.82 1.63%
near
NEAR Protocol (NEAR) $ 5.10 1.35%
ethena-usde
Ethena USDe (USDE) $ 0.999364 0.08%
bitget-token
Bitget Token (BGB) $ 4.10 1.79%
usds
USDS (USDS) $ 1.00 0.33%
aptos
Aptos (APT) $ 9.16 3.50%
aave
Aave (AAVE) $ 333.48 9.61%
internet-computer
Internet Computer (ICP) $ 10.11 0.23%
crypto-com-chain
Cronos (CRO) $ 0.154452 1.70%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.476421 0.82%
mantle
Mantle (MNT) $ 1.18 1.82%
ethereum-classic
Ethereum Classic (ETC) $ 26.26 0.06%
vechain
VeChain (VET) $ 0.045953 0.36%
render-token
Render (RENDER) $ 7.05 1.44%
whitebit
WhiteBIT Coin (WBT) $ 24.38 0.14%
monero
Monero (XMR) $ 189.82 0.82%
mantra-dao
MANTRA (OM) $ 3.61 1.38%
dai
Dai (DAI) $ 1.00 0.04%
bittensor
Bittensor (TAO) $ 455.22 1.03%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 0.09%
arbitrum
Arbitrum (ARB) $ 0.755959 0.39%
ethena
Ethena (ENA) $ 1.05 0.90%