Cardano Founder Risks Millions in ADA to Show Bitcoin Holders Passive Income

Generated by AI AgentCoin World
Sunday, Jun 22, 2025 10:38 am ET1min read
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Cardano, a prominent blockchain platform, has recently made a bold move to challenge the Bitcoin ecosystem. Charles Hoskinson, the founder of Cardano, has expressed his readiness to risk millions in ADA, Cardano's native cryptocurrency, to demonstrate that Bitcoin holders can earn passive income on the Cardano platform. This initiative underscores Hoskinson's long-standing vision of creating a decentralized and interoperable blockchain ecosystem.

Hoskinson's journey with Cardano has been marked by extensive research and peer-reviewed upgrades, positioning Cardano as one of the most promising blockchains in the industry. His vision for Cardano includes seamless interoperability between different blockchain ecosystems, with a particular focus on Bitcoin. By showcasing how Bitcoin can be integrated into the Cardano ecosystem to generate passive income, Hoskinson aims to prove the interoperability potential of Cardano.

Hoskinson's proposal involves risking millions in ADA to demonstrate that Bitcoin holders can earn passive income on Cardano. He highlights the value of Bitcoin as a token that everyone should hold and emphasizes the potential for significant growth in the Bitcoin ecosystem within Cardano. This move is seen as a sign of good faith towards the Bitcoin community, showcasing Cardano's commitment to interoperability and innovation.

Hoskinson's plan includes inviting Bitcoin holders to see the profits being yielded on the Cardano ecosystem and encouraging them to join in to earn passive income through their Bitcoin holdings. The goal is to have over 50 million Bitcoins placed in Cardano as ADA, with the aim of growing this amount to 50 billion and increasing the total value locked (TVL) to match other popular blockchains like Solana.

Cardano's initiative is gaining more attention as the Midnight tokenomics is expected to be released, bringing the community closer to the long-awaited ‘Glacier Drop’ airdrop. This, combined with the potential approval of an ADA ETF, bodes well for the future of Cardano and its native cryptocurrency, ADA.