Could Hoskinson’s Endorsement Lead to a New Crypto Alliance?

Cardano founder Charles Hoskinson has sparked excitement in the crypto community by praising Ripple CEO Brad Garlinghouse, calling him a “great CEO” and describing their conversation as “very collaborative.” Since both companies are facing similar regulatory issues, this positive exchange has led to speculations about possible cooperation between Cardano and Ripple.

With Trump's victory, the entire crypto market is hopeful for better regulatory transparency and many crypto issues may soon be resolved. Hoskinson's criticism and open support for XRP says a lot, so let's get into what it means for you.

Ripple's CEO calls for unity

Ripple CEO Brad Garlinghouse echoed these sentiments on social media, advocating for the crypto industry to unite and establish clear regulations. Garlinghouse emphasized the need for a “level playing field” with consistent regulatory guidelines, suggesting that collaboration across the industry would boost the sector as a whole. Currently, Ripple is in a unique legal dispute with the SEC that could affect other US cryptocurrencies.

Change in Hoskinson's position

Hoskinson's recent support for Ripple marks a significant shift from his earlier critical views on XRP and Ripple's approach. This new position has generated mixed reactions; Some are encouraged by the potential for cooperation, while others remain cautious. Although Cardano has different focuses on research-driven development and layered architecture, and on cross-border payments — the two projects could complement each other well if they decide to join forces.

Criticism by Steven Nerayoff.

Not everyone in the crypto space is enthusiastic about this potential combination. Blockchain veteran Steven Nerayoff criticized Hoskinson, saying his comments could be politically motivated. Hoskinson points to past controversies involving “secret deals” and industrial disputes, such as “Etigate,” which he believes may be trying to shape past narratives. Nerayoff's critical response reflects the ongoing rivalry in the crypto world, where past conflicts continue to shape current interactions.

Will Ripple vs SEC end soon?

Ripple's ongoing battle with the SEC may face new developments, as pro-crypto President Donald Trump has hinted at plans to replace SEC Chairman Gary Gensler, who led the agency's aggressive approach to Ripple's XRP.

This change in leadership could impact Ripple's case and possibly result in more crypto-friendly policies. Crypto analysts speculate that new SEC direction could ease regulatory pressures for Ripple, leading to a more unified industry regulatory framework in line with Hoskinson and Garlinghouse's shared vision.