Hoskinson Rates XRP and ADA as Blue Chips, Calls Solana Mid
- Cardano founder Charles Hoskinson classified XRP and ADA as safe blue chip cryptocurrencies due to their longevity and resilience.
- Hoskinson noted that the U.S. crypto reserve currently includes BTC, XRP, SOL, ETH, and ADA, praising XRP and ADA for their strong ratings.
- He mentioned Solana as kinda mid for being neither new nor old.
Cardano founder Charles Hoskinson recently shared his views on the current state of the U.S. crypto reserve during an interview with David Gokhshtein. Speaking about the initial support for five cryptocurrenciesBitcoin, XRP, Solana, Ethereum, and CardanoHoskinson expressed strong confidence in XRP and ADA, calling them safe blue chip cryptos.
He attributed their high ratings to their longevity and resilience, noting that both assets have weathered market downturns and team changes while consistently ranking in the top 10.
Hoskinson shared his Solana view
Hoskinson contrasted this with his view on Solana, describing it as kinda mid due to its status of being neither new nor old. He acknowledged Solanas ability to survive the FTX incident in 2022, which sent its price plummeting to around $8, before rebounding to an all-time high of $294 in January 2025.
Despite its recovery, he implied that Solana does not possess the same robust qualities as XRP and ADA. He also highlighted that Solana and Ethereum remain the standard for smart contracts, underscoring their importance in the crypto market.
Looking toward the future, Hoskinson raised the question of which additional assets might be added to the reserve, citing examples like Avalanche and Hedera Hashgraph.
He recommended establishing a working grouppotentially overseen by the Presidential Working Committee formed in Januaryto define the selection criteria for future assets and to determine the procurement and management process, suggesting that the U.S. Treasury Department might play a key role.
With the industry eagerly awaiting further details about the U.S. crypto reserve, more insights are expected at the Crypto Summit scheduled for March 7, as noted by the White House AI & Crypto Czar.
Read more: https://thenewscrypto.com/hoskinson-rates-xrp-and-ada-as-blue-chips-calls-solana-mid/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
