{"id":90920,"date":"2026-05-09T12:31:34","date_gmt":"2026-05-09T12:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=90920"},"modified":"2026-05-09T12:31:34","modified_gmt":"2026-05-09T12:31:34","slug":"heres-what-the-cardano-founder-has-to-say-about-the-widespread-criticism","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=90920","title":{"rendered":"Here\u2019s What The Cardano Founder Has To Say About The Widespread Criticism"},"content":{"rendered":"
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Cardano founder Charles Hoskinson<\/a> has reacted to Flare founder Hugo Philion\u2019s comments, in which Philion highlighted his network\u2019s growth relative to Cardano. Notably, Flare has achieved this growth as one of the largest DeFi providers in the XRP ecosystem.\u00a0<\/p>\n

Cardano Founder Reacts To Flare Founder\u2019s Comments<\/h2>\n

In an X post<\/a>, the Cardano founder remarked that attacking his network to get attention and media coverage is an old marketing tactic. He urged the Flare founder<\/a> to update his marketing strategy and possibly try \u201cTikTok reaction videos.\u201d Hoskinson was reacting to an X post<\/a>, in which Philion highlighted his network\u2019s growth while criticizing Cardano.\u00a0<\/p>\n

The Flare founder cited DeFiLlama data showing that the Cardano network<\/a> has $132 million in total value locked in DeFi, while Flare has $159 million. Philion noted that the network launched in 2017, while Flare launched six years later. He added that ever since they launched, Cardano has been trying and \u201cmiserably failing\u201d to copy their strategy.\u00a0<\/p>\n

Philion further mentioned that the network has far lower statistics across the board in DeFi than Flare does, despite having a massive head start and a vast treasury at one point. With his network ahead now, the Flare founder declared that ADA will not win BTC. Instead, he believes that his network will win by creating a unified DeFi layer for FXRP<\/a>, FBTC, FXLM, RWAs, and stables.\u00a0<\/p>\n

The Flare network has notably gained ground in the XRP ecosystem, with Philion recently describing his network as the largest DeFi provider. CoinGecko data<\/a> shows that FXRP currently has a market cap of just over $220 million, with 155 million tokens in circulation.\u00a0<\/p>\n

Not An Attack On The Network<\/h2>\n

In another X post<\/a>, the Flare founder said that he wasn\u2019t attacking Cardano and was just simply stating numbers from DeFiLlama. However, he questioned how nothing has materially changed for ADA despite the attacks against the network in 2022. He teased the founder<\/a> by asking if he would like an advance copy of Flare\u2019s 2027 strategy, so that he could try to implement it.\u00a0<\/p>\n

However, the Cardano founder indicated that he didn\u2019t have time to go back and forth with the Flare founder. It is worth noting that, like Flare, Cardano aims to be the DeFi layer for Bitcoin. Hoskinson had previously said<\/a> they wanted to make BTC programmable in ADA\u2019s smart contracts. That way, market participants will be able to earn BTC yield on the network.\u00a0<\/p>\n

The founder highlighted how this could be huge for his network, given that the U.S. government<\/a> and top organizations currently hold BTC. By becoming the DeFi layer for Bitcoin, Cardano could enable companies such as BlackRock to deploy their holdings to generate yields.\u00a0<\/p>\n

At the time of writing, the ADA price is trading at around $0.27, up over 5% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"Cardano\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Cardano founder Charles Hoskinson has reacted to Flare founder Hugo Philion\u2019s comments, in which Philion highlighted his network\u2019s growth relative to Cardano. Notably, Flare has achieved this growth as one of the largest DeFi providers in the XRP ecosystem.\u00a0 Cardano Founder Reacts To Flare Founder\u2019s Comments In an X post, the Cardano founder remarked that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-90920","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90920"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90920\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}