Is Not Holding ADA A Red Flag? Cardanos Founder Thinks So, Community Pokes At Solana
Cardano (ADA)s founder is a man of many words and many GIFs. Charles Hoskinsons comments, whether you agree or disagree with them, tend to spark discussions in the crypto community.
Hoskinsons latest X reply spree covered issues from dating advice to his confidence in the ecosystem to Solanas recent struggles. As a result, several conversations regarding those topics and Cardanos founders perspectives on them spread across the X platform.
Charles Hoskinsons Dating Advice
Charles Hoskinson offered some crypto-related dating advice in a reply to Lily Brodi, the creator of the viral Cardano Girls video. The content creator asked whether it was weird to ask someone on the first day if they held ADA.
Cardanos founder replied that not holding ADA was a major red flag at this point. Hoskinson jokingly insinuated that the person might not be a cannibal, but if they dont hold Cardanos native token, you should be alert anyway.
At this point, not holding ada is a major red flag. I mean Im not saying they are cannibals, but pic.twitter.com/s2CzXr2Hxr
Charles Hoskinson (@IOHK_Charles) April 4, 2024
Later, he suggested he might know one or two eligible Cardano bachelors. The community found Hoskinsons comments funny, with some agreeing with his perspective on potential partners.
Nonetheless, not all Hoskinsons replies during his Wednesday spree were well received. Cardanos founder seemingly took a jab at Solana after learning of the blockchains recent struggle to process transactions.
The post informed us of the levels of congestion that the Solana network is experiencing. According to Dune data, the Solana blockchain currently has a non-vote transaction failure rate of over 75%.
Three out of four transactions are experiencing issues before even making it to the block. The failure rate seems to occur because many bots engaging in arbitrage generate spam transactions. To the news, Hoskinson replied with a popular gif of actor Pedro Pascal enjoying himself.
This guy is exactly why Cardano ngmi
Cardano has a douchebag founder https://t.co/Xn0Dj1VDsG
LawrenceOfCrypto.sol (@LawrenceCrypt0) April 5, 2024
This reply prompted some X users to criticize Cardanos Founder. Some even called him a douchebag founder and claimed that answers like that are the reason why the project wont make it.
However, the ADA community joined in the criticism of the Solana network. Some community members deemed the chain as useless. Another ADA holder stated: The Solana team does not know the basic principles of how blockchain works.
The comments dont come as a surprise as both communities ongoing feud tends to end in a jab and poking fun at each others struggles.
Cardano Always Wins Or Does It?
As part of Hoskinsons recent insight, he commented on a recent poll ranking the best Layer-1 networks. In said poll, the Cardano ecosystem had the second-highest number of voters.
Nonetheless, its founder didnt seem pleased, claiming that It was engineered to produce an outcome prior to a single vote being cast. To Hoskinson, in a fair vote, it is clear that Cardano always wins.
Despite his confidence in the project, the ADA price has recently shown a subpar performance. The token has exhibited red numbers in several timeframes, with an 11.5% drop in the last seven days and a 20.5% decrease in the past month.
The tokens current performance has not gone unnoticed by analysts either. Renowned crypto analyst Ali Martinez raised some concerns about ADAs whale activity.
According to Martinez, Cardano is experiencing a lull in whale activity. The analyst considers that this could signal a potential for further price consolidation or an impending drop.
The unclear trajectory of ADAs price seems concerning to its holders, as some consider its current performance to be extremely bearish right now. At the time of writing, ADA is trading at $0.5748, a level not seen since Valentines Day.
Cardano (ADA) performance in the weekly chart. Source: ADAUSDT on Tradingview.com
Featured Image from Unsplash.com, Chart from TradingView.com
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Source: NewsBTC.com
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