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"Hoskinson Snubbed, But Cardano's ADA Still in the Game!"

Wesley ParkThursday, Mar 6, 2025 3:43 pm ET
2min read

Ladies and gentlemen, buckle up! We've got a wild ride ahead as we dive into the latest drama unfolding in the crypto world. Charles Hoskinson, the mastermind behind Cardano (ADA), has been left out of the White House Crypto Summit, and the crypto community is buzzing with speculation. But here's the kicker: despite Hoskinson's absence, Cardano's ADA has secured a spot in President Trump's proposed national crypto reserve. Talk about a plot twist!



Let's break this down. Hoskinson, who has been a vocal advocate for regulatory clarity and decentralization, was notably absent from the high-profile summit. This snub has raised eyebrows and sparked debates about regulatory favoritism. But here's the thing: Cardano's ADA is still in the game, included in Trump's proposed national crypto reserve. This is a HUGE deal, folks! It's like being invited to the biggest party of the year, even if you didn't get a personal invite from the host.

Now, let's talk about the implications. Hoskinson's absence from the summit could limit Cardano's direct influence on policy discussions. But don't count Cardano out just yet! Hoskinson has downplayed the significance of the event, suggesting that real policy work happens within the legislative branch. And let's not forget, Cardano has been actively engaging with lawmakers and regulators for years. This is a project that knows how to play the long game.

But what about the strategic advantages and disadvantages of being included in the proposed national crypto reserve? On one hand, this inclusion could boost Cardano's legitimacy and attract more investors. It's like getting the seal of approval from the big leagues. On the other hand, there's the risk of regulatory overreach and control. As Solana founder Anatoly Yakovenko pointed out, government control of any crypto reserve could undermine the fundamental principle of decentralization. This is a tightrope walk, folks, and Cardano will need to navigate it carefully.

Now, let's talk about the regulatory changes and policy shifts. The SEC has terminated its legal actions against several prominent crypto entities, including Kraken, coinbase, and Uniswap. This move suggests a more favorable regulatory environment for the cryptocurrency industry, which could benefit Cardano. The SEC has also revealed its complete crypto task force lineup, generating expectations for more favorable cryptocurrency policies moving forward. These regulatory changes could significantly influence Cardano's operational environment, despite the project's absence from the White House summit.

So, what's next for Cardano? The future trajectory of ADA's price largely depends on broader market conditions and changes in network participation metrics. A market-wide recovery could trigger a rebound for Cardano, especially if key indicators such as wallet activity and transaction volume improve. ADA will also need to break the $1.00 resistance level and maintain support at $0.90 to regain investor confidence and set the stage for a bullish movement.

In conclusion, while Hoskinson's exclusion from the White House Crypto Summit could potentially impact Cardano's regulatory standing and future policy discussions, it's also possible that the summit may not have a significant impact on Cardano's regulatory standing. The real impact will depend on how the policy discussions at the summit unfold and how Cardano engages with lawmakers and regulators in the future. So, stay tuned, folks! This is one story you won't want to miss.
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