Charles Hoskinson, the founder of Cardano, stated that he was not informed about ADA’s inclusion and mentioned that he will not attend the White House Crypto Summit. Conversely, Anatoly Yakovenko, co-founder of Solana, expressed strong dissent against the idea of a federally managed U.S. Strategic Crypto Reserve. According to a recent Unchain report, insiders revealed that two Ripple executives, including CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty, approached former President Donald Trump to advocate for the addition of Solana (SOL) to the strategic U.S. crypto reserves. This move reportedly enhanced Ripple’s credibility by indicating that the blockchain company was supporting a crypto reserve that incorporates various digital assets. In addition, Charles Hoskinson, the founder of Cardano, has expressed his thoughts on the matter. After Trump’s disclosure regarding crypto reserves last Sunday, there has been considerable unease within the broader crypto community regarding the inclusion of XRP, SOL, and ADA, as these cryptocurrencies are not perceived as reliable stores of value. There are concerns about whether this cryptocurrency reserve is a legitimate initiative and if it would gather a significant quantity of these tokens with funds from taxpayers. In a recent commentary on the situation, Charles Hoskinson, the founder of Cardano, mentioned that he was unaware of Donald Trump’s intention to add ADA to the United States’ strategic reserves. This raises the question: Will Cardano be excluded from the US cryptocurrency reserves during the Crypto Summit? According to the decentralized prediction market Polymarket, the current odds for these assets being included in a U.S. reserve indicate that Bitcoin is the only one above 50%, sitting at 64%. Ethereum follows with 42%, while XRP and SOL are closely matched at 29% and 28%, respectively. Polymarket currently does not have an ADA reserve contract. Meanwhile, the cryptocurrency community is looking forward to the updates from the inaugural official White House Crypto Summit taking place on Friday, as mentioned in our earlier article. In response to the speculation about Ripple Labs advocating for XRP’s inclusion in the US strategic reserves, Charles Hoskinson, the founder of Cardano, mentioned that he was not informed about any intentions to add ADA to the reserves under Trump’s administration. He also noted that he and no one from Cardano had been invited to the White House Crypto Summit as of yet. This has sparked increasing speculation about whether Trump will choose to boycott ADA during the strategic reserves at the event on March 7.
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