Stellar (XLM) and Hedera (hbar) The token has played out the most of the top 20 cryptocurrencies by market capitalization in the last seven days, attracting praise from the founders of Cardano.
As token prices respond to bullish market conditions, we won X to celebrate X to celebrate the XLM and HBAR community. He has praised the project “Weathering the Storm” in recent years and demonstrated his commitment to building it regardless of obstacles.
XLM and HBAR win big
After Bitcoin has continually rallying to its all-time high, altcoins are beginning to pick up. Several others, including XRP and SUI, worked well, but Stellar and Hedera stand out. In the context, XLM has increased by 11% over the last 24 hours, while HBAR has increased by 17% over the same time frame.
Interestingly, the stars and Hedera surged alongside each other, but there is no direct relationship. Nevertheless, those utilities overlap as both projects provide different use cases in the digital transaction scene.
Hoskinson’s defense to end the Zero-Sum Crypto Game
In particular, Hoskinson’s comments were praised not only from the Star and Hedera community, but also from the wider crypto scene. Several responses praised the founders of Cardano for their efforts to embrace cross-chain collaborations over rivalry.
Surprisingly, Hoskinson has been in the game for a while. He revealed that it is time for the crypto space to build together and replace the zero-sum game observed among some founders and their supporters.
The founders of Cardano are moving forward with this new principle and have recently met with key stakeholders from other chains to demonstrate their collaboration potential. For the sake of context, he I met Last November, Stellar creator and Ripple co-founder Jed McCaleb sparked speculation that something could be brewed.
Hoskinson has also had some discussions with Ripple’s stakeholders. He confirmed a meeting with Ripple CEO Brad Garlinghouse and revealed that he wanted to unlock Defi on his XRP ledger while bringing the RLUSD Stablecoin to Cardano.
His joint initiative has also attracted praise from well-known crypto attorney John Deaton. he I was praised Following Hoskinson’s meeting with the Flare Network team, Hoskinson’s solo efforts were made to end the tribalism that has plagued the crypto industry for many years.