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Cardano's Hoskinson praises XRP, predicts its DeFi growth could rival Ethereum by 2027.

Market News
02 Jun 2026
Zycrypto
View Source
Bullish
pluang ai news

Charles Hoskinson, founder of Cardano, unexpectedly praised XRP as a stronger Web2.5 product than major stablecoins like Tether and Circle. He highlighted XRP's unique position bridging traditional finance and decentralized infrastructure, giving it an edge in real-world financial integration. Hoskinson also predicted that XRP-based decentralized finance (DeFi) could become one of the fastest-growing crypto sectors by 2027, potentially rivaling Ethereum's dominance. This marks a notable shift from his previous criticism of XRP, signaling growing confidence in XRP's potential for enterprise-focused DeFi solutions due to its speed, low costs, and interoperability.

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