Carlos HoskinsonThe founder of Cardano, the eighth-largest cryptocurrency by market capitalization, has publicly expressed his support for John Deaton, a lawyer and XRP advocate running for the US Senate seat in Massachusetts.
Carlos HoskinsonThe founder of Cardano, the eighth-largest cryptocurrency by market capitalization, has publicly expressed his support for John Deaton, a lawyer and XRP advocate running for the US Senate seat in Massachusetts.
Hoskinson’s endorsement is unusual as he is well known for his focus on Cardano and cryptocurrencies in general, as seen in his tweets.
Furthermore, given the frothy relationship between Cardano’s founder and the XRP community, support for the XRP holders’ lawyer could come as a surprise.
The support echoes the crypto community’s stance on a united front, which benefits one and all, regardless of prejudices or unfavorable opinions.
Cardano and XRP Ledger networks witness growth
The Cardano ecosystem continues to grow. According Input Output Global (IOG) In the most recent monthly report, three new projects were launched in February and seven additional projects are currently being built on Cardano. In total, as of February 23, 2024, 160 Cardano projects have been launched, while 1,327 are still under construction.
The number of token policies increased by 11,126, while the number of native tokens minted increased by 190,000. Plutus V1 scripts increased by 87, reaching a total of 6,419. Plutus V2 scripts increased by 10,687, reaching a total of 28,405.
The total number of transactions has increased by 3.1 million in the last month. Cardano node v.8.8.0-pre was released last month, allowing Plutus V3 scripts, which introduce advanced Plutus primitives, to be tested on SanchoNet.
The Catalyst Fund 11 Project election results have been released, with 307,698 votes cast in six categories and 300 projects selected to receive funding.
Ripple has added additional integrations for the XRP Ledger (XRPL), two of which were announced this week. Zoniqx (formerly Tassets) has partnered with Ripple to streamline the process of tokenizing real-world assets on XRPL. Axelar Network also announced an upcoming integration with XRP Ledger.