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    Cardano Founder Congratulates Solana; Wants to Know More

    Impressed by the performance of Solana Cardano's founder, Charles Hoskinson, publicly expressed his respect for the project.

    Updated Apr 25, 2024
    Obike Favour

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    Obike Favour

    Cardano Founder Congratulates Solana; Wants to Know More

    Seeing the impressive performance of the blockchain platform, Solana, Cardano’s founder, Charles Hoskinson, has publicly revealed his admiration for the project.

    Cardano Founder Wants to Know More About Solana

    In a tweet on Monday, Hoskinson acknowledged that the Solana network has been making waves for the past few months and requested where he can learn more about Solana.

    The tweet caught the attention of Solana’s co-founder, Raj Gokal, who replied that his DMs are open to any inquiries that the Cardano founder has.

    The simple tweet was met with excitement from Solana users and enthusiasts, along with other members of the crypto community who found it intriguing that Hoskinson would like to learn about Solana.

    It is also quite interesting to note that both projects, Cardano and Solana, have more often than not been given the “Ethereum Killer” tag.

    Possible Reason for Hoskinson’s Curiosity

    While the Cardano boss did not reveal his reasons for inquiring about Solana, some crypto enthusiasts have attributed it to the upcoming Alonzo hard fork.

    The Alonzo hard fork is a Cardano upgrade that is scheduled to take place on Sept. 12. 

    The upgrade will see Cardano integrating smart contracts, allowing it to support various decentralized apps (dApps) and NFT projects, which is one area where Solana is doing exceptionally well.

    Solana’s Impressive Growth

    Solana is one of the hottest projects in the crypto space this year, as the high-performance blockchain network has managed to captivate the attention of the crypto community for some time now.

    The project’s native token, $SOL, recently reached a new all-time high (ATH) of $101.57 earlier today. The digital asset’s price has surged by more than 90% in the past two weeks.

    While many factors are driving the massive surge in Solana’s price and overall adoption, the NFT mania and its Degenerate Ape Academy are topping the list.

    Launched on August 15, the Degenerate Ape Academy is an NFT project built on the Solana blockchain that features Ape-themed NFTs.

    The project received a ton of attention as it sold all 10,000 Ape NFTs within 10 minutes, with users minting them at the price of 6 SOL per pop.

    Solana has also seen increased adoption by developers looking at creating highly scalable DeFi apps that users can access with low fees.

    Last month, Australian-based energy trading tech company Power Ledger noted that it would be migrating its in-house blockchain platform from Ethereum to Solana.

    Obike Favour

    Obike Favour

    Editor

    Obike Favour is a crypto news reporter who is also interested in digital marketing and writing. As an introvert, she spends most of her time surfing the Internet for new ideas that will help her succeed in the digital world.