Hoskinson has previously clashed with members of the XRP community, especially regarding the contentious “ETH Gate” conspiracy theory, which alleged that the U.S. Securities and Exchange Commission (SEC) unfairly targeted XRP to favor Ethereum. In the past, Hoskinson refuted these claims, leading to friction with XRP supporters. Yet, his recent commendation of Garlinghouse’s leadership signals a shift towards reconciliation and industry collaboration.
Hoskinson’s new stance has piqued curiosity about potential synergies between Cardano and Ripple. Notably, he expressed interest in collaborating with RLUSD, Ripple’s upcoming stablecoin, although details remain scarce. Hoskinson’s extensive blockchain expertise could prove valuable as Ripple develops new financial products.
Brad Garlinghouse responded positively, underscoring the importance of a united front within the cryptocurrency industry. “A rising tide lifts all boats,” he commented, advocating for collaboration to ensure equitable growth across the sector.
The timing of this rapprochement coincides with strong performance for both ADA and XRP. XRP has surged by 32.87% in the past week to $0.7062, while ADA has risen 56.31%, reaching $0.5587. As the two projects explore cooperation, improved relations could bolster each ecosystem’s growth through interoperability, liquidity sharing, or joint initiatives.
Hoskinson’s recent remarks mark a hopeful step forward for the industry, with many anticipating further cooperation between Cardano and Ripple in the coming months.