Cardano

Solana

<ul class="news-points"> 
 <li><strong>ADA hovered around $0.25— a confirmation that SOL is outperforming the token.</strong></li> 
 <li><strong>If buying pressure fails to outweigh selling pressure, ADA could drop to $0.23.</strong></li> 
 <li><strong>Open interest decreased, indicating low liquidity for ADA futures and options contracts.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/Charles-Hoskinson/">Cardano’s (ADA) founder Charles Hoskinson</a> is in the news again, and as expected, he has been caught up in another round of controversy. A few weeks back, Hoskinson had argued that ADA was outperforming Solana (SOL) in terms of its price action.</p> 
<p>But on October 17, Michael Deckard, a user on X (formerly Twitter) gave Hoskinson a piece of his own cake, showing that SOL had outperformed ADA in the 24 hours. From the chart displayed, SOL gained 8.97% while ADA had to make do with a mere 0.95% increase.</p> 
<p>In response to the post, Hoskinson said Deckard had no point and the top gainer is not merely by number but by whichever a platform like CoinMarketCap says it is.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">And how would you feel if CMC said Cardano is the top gainer given those numbers? That was my point</p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1714117295117901844?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 17, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Meanwhile, ADA was not able to follow in <a href="https://coinedition.com/crypto-expert-believes-bitcoin-dominance-will-continue-to-rise/">Bitcoin’s (BTC)</a> direction after the fake news a partic…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/cardanos-charles-hoskinson-takes-on-the-market-in-adas-defense/">Cardano’s Charles Hoskinson Takes on the Market In ADA’s Defense</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Cardano’s Charles Hoskinson Takes on the Market In ADA’s Defense

Coin Edition

Other articles published on Oct 17, 2023

Vitalik Buterin Moves $15M in USDC Prior To BTC Rally – Here’s Where Crypto Went

Former FTX Head of Engineering Admits to Financial Crimes, Implicates Iconic Figurehead Sam Bankm...

Solana 2023: Can SOL Price Cross Yearly High Before December?

Coinbase bets on USD delisting 80 pairs with USDT, BTC and EUR

Tokamak Network (TON) Price Prediction 2024, 2025, 2030, 2040, and 2050

From Wall Street to crypto: The lure of spot Bitcoin ETFs

Join our free newsletter for daily crypto updates!