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Crypto Daily 2025-06-17 17:44:54

Cardano Founder Believes ADA Is Bitcoin's Biggest Threat, Proposes $1B Cardano Sovereign Wealth Fund

Cardano’s outspoken founder Charles Hoskinson has once again stirred the crypto world - this time with a bold claim that ADA could emerge as Bitcoin’s biggest threat. In a recent proposal, Hoskinson introduced the idea of a $1 billion Cardano Sovereign Wealth Fund, aimed at accelerating ecosystem development, boosting ADA adoption and reshaping global perceptions of crypto governance. Could this be the move that propels Cardano to the top? Analysts feel that another altcoin is set to play a leading role in 2025 and could become a bigger challenger to Bitcoin than ADA. Cardano Aims To Dethrone Bitcoin's Dominance With Next-Generation Capabilities Cardano founder Charles Hoskinson recently stated that Cardano offers the most significant threat to Bitcoin, thanks to its next-generation technical structure and governance model. He explained how Cardano's UTXO-based smart contract development and governance on-chain are radical advancements over Bitcoin's more inflexible structure. Source: TradingView Hoskinson believes Bitcoin's plan is something Cardano has already integrated. He contends Cardano doesn't merely take up "unfinished work" early Bitcoin developers started but never completed, making ADA a future-proof solution for secure and scalable blockchain transactions. Remittix Investors Have Actual Real World Use While Ada Is Focused On Enhancing Structure Remittix has focused on functional problems in global finance. With a Q3 wallet release, RTX enables users e.g., remote workers or overseas merchants to convert crypto to fiat in under 24 hours. An East African logistics company already uses Remittix to pay European suppliers without waiting for traditional banks. Here, Remittix is a more instant attraction for customers looking for fast and inexpensive transfers. It is for this reason that the majority of early adopters are already thinking of it as a valid XRP alternative with much higher potential. Hoskinson's $1b Fund Can Redefine The Cardano Ecosystem Hoskinson proposed to introduce a $1 billion decentralized sovereign wealth fund to boost Cardano's DeFi and stablecoin sectors. The fund would invest treasury ADA in assets like Bitcoin and stablecoins, encouraging network liquidity while limiting inflation risk. The move echoes Ethereum's adoption of treasury-backed projects. It could also help Cardano make up lost ground in the DeFi domain with networks like Solana, which currently dominate in Total Value Locked and stablecoin activity. Nevertheless, some pundits warn that it could cause market imbalances if poorly tracked. Conclusion: A New Era Of Ecosystem Competition? Both ADA and RTX are two of the biggest aspects of blockchain technology. Cardano is technical prowess and formal regulation, whereas Remittix provides speed and convenience. Hoskinson's 2025 vision also includes BTC integration and privacy tools, but such innovations may not show up in the price of ADA immediately. With its clear use case, strong presale momentum and upcoming product releases, Remittix may offer quicker gains. If you’re looking to back the next breakout crypto, now might be the time to get in early. Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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