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WANTED

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<p>XYZVerse hunts for a round-dollar badge before giants XRP and ADA. Fans talk of a jump that could multiply holdings thirty times. The project blends game-style fun with team spirit. Early signs hint at rising energy in chats and charts. Can a playful token outpace long-time leaders? The next moves may surprise. Many watch order books for fresh volume signals.</p>
<h2><strong>Undervalued $XYZ Meme Coin Gears Up for Listing on a Major CEX</strong></h2>
<p><strong>XYZVerse ($XYZ)</strong> is the meme coin that has grabbed headlines with its ambitious claim of rising from $0.0001 to $0.1 during a presale phase.</p>
<p>So far, it has gone halfway, raising over $15 million, and the price of the $XYZ token currently stands at <strong>$0.005</strong>.</p>
<p>At the next 14th stage of the presale, the $XYZ token value will further rise to <strong>$0.01</strong>, meaning that early investors have the chance to secure a bigger discount.</p>
<p>Following the presale, $XYZ will be listed on major centralized and decentralized exchanges. The team has not disclosed the details yet, but they have put a teaser for a big launch.</p>
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<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc4aPlrD3dskgNrj_7BgKYlBiYdor31bO1Z3a6_uBOVvlkLg30L9CJroT4REeHhL5V8ZRug0aEBEKCLeNp0fGSdlf7L8X9MNXAeCYRFY9FPXSqYUzHhpPe0VUtjJ5oDVU0TlRyEUQ?key=lb0gHS4IP84_cUe7USZbLQ" alt /></figure></div>
<h3><strong>Born for Fighters, Built for Champions</strong></h3>
<p>XYZVerse is building a community for those hungry for big profits in crypto — the relentless, the ambitious, the ones aiming for dominance. This is a coin for true fighters — a mindset that resonates with athletes and sports fans alike. $XYZ is the token for thrill-seekers chasing the next big meme coin.</p>
<p>Central to the XYZVerse story is <strong>XYZepe</strong> — a fighter in the meme coin arena, battling to climb the charts and make it to the top on CoinMarketCap. Will it become the next DOGE or SHIB? Time will tell.</p>
<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdtIhMdQ8KxFu-u-577FDOwdGji4l427UuDC0ULNT6xfumfhzFidV9Bzx-yay05iWtPR4vXX10RfK1qSsXXVFG15me7thFJ8t2Eb7AbvHsa26MSfH5lziFQncmwn3zxM2MVSlvFhw?key=lb0gHS4IP84_cUe7USZbLQ" alt /></figure>
<h3><strong>Community-First Vibes</strong></h3>
<p>In XYZVerse, the community runs the show. Active participants earn hefty rewards, and the team has allocated a massive <strong>10% of the total token supply</strong> — around <strong>10 billion $XYZ</strong> — for airdrops, making it one of the largest airdrops on record.</p>
<p>Backed by solid tokenomics, strategic CEX and DEX listings, and regular token burns, $XYZ is built for a championship run. Every move is designed to boost momentum, drive price growth, and rally a loyal community that knows this could be the start of something legendary.</p>
<p><a href="https://xyzverse.io/?utm_source=CRPO&amp;utm_medium=text&amp;utm_campaign=MY885S2" target="_blank">Airdrops, Rewards, and More — Join XYZVerse to Unlock All the Benefits</a></p>
<h2><strong>XRP: The Fast River Ready to Flow in the Next Crypto Season</strong></h2>
<p>XRP started as an idea by three builders, Jed McCaleb, Arthur Britto, and David Schwartz, who wanted money to move as fast as a text. They made 100 billion units and gave most to a company now called Ripple. The coin lives on the XRP Ledger, a public book that anyone can read and use. There is no boss who can freeze or undo a payment. Each move costs just a tiny drop and lands in seconds, no bank needed. That speed and price make XRP feel like digital cash for the globe.</p>
<p>Many traders now look for coins that can work in the real world, not just climb on hype. XRP fits that wish. Big names test it as a bridge between dollars, euros, and new tokens, cutting fees that eat into profits. While bitcoin can be slow and ethereum can be pricey, XRP stays quick and cheap even when traffic is high. Supply is also held in escrow, so new coins drip out on a clear time line. If the next market run prizes real use and clear rules, XRP may shine brighter than most rivals.</p>
<h2><strong>Cardano’s Green Rocket: Why ADA Could Shine This Cycle</strong></h2>
<p>Cardano is a growing star in the crypto sky. This platform was built for smart contracts, letting people create finance apps, tokens, and games. It runs on Ouroboros, a proof-of-stake system that sips power instead of gulping it. The network has two layers: one moves ADA between users, the other runs code. This split keeps traffic smooth and could reach a million moves each second. Since March 2021, its native tokens make fast and cheap deals even easier.</p>
<p>Many traders see ADA as a green rival to Ethereum. Fees stay low, and holders earn extra coins by staking, a draw while bank rates stay flat. After the recent drop, ADA sells for much less than its last peak, yet its user count and money held inside apps keep climbing. If the next price boom lifts Bitcoin and ETH, networks with real use and low energy cost could rise faster. Cardano fits that picture, so picking up a small bag now may look smart for patient buyers.</p>
<h2><strong>Conclusion</strong></h2>
<p>XRP and ADA remain solid, yet XYZVerse, first all-sport memecoin, blends sports passion, memes, GameFi, and community power, aiming for 20,000% gains and G.O.A.T status amid the 2025 bull run.</p>
<p>You can find more information about XYZVerse (XYZ) here:</p>
<p><a href="https://xyzverse.io/?utm_source=CRPO&amp;utm_medium=text&amp;utm_campaign=MY885S2" target="_blank">https://xyzverse.io/</a>, <a target="_blank" href="https://t.me/xyzverse">https://t.me/xyzverse</a>, <a target="_blank" href="https://x.com/xyz_verse">https://x.com/xyz_verse</a></p>
</div><p><em><strong>Disclaimer.</strong> This is a Press Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. <a target="_blank" href="https://cryptopolitan.com/">Cryptopolitan.com</a> is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.</em></p>

Cryptopolitan

XYZVerse Sets Its Sights on a $1 Milestone Ahead of XRP and ADA—Can This Sports-Themed Meme Coin Soar 3,000%? -

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<p>Following Bitcoin’s all-time high rallies, the altcoin market is on its toes again. Among the top gainers, Cardano (ADA) jumped over 4% in the last seven days, while XRP droped by over 1%, after setting a record high above $3.6. Alongside these major altcoins, <a href="https://desoc.space/" target="_blank">DeSoc</a> is attracting interest as the best crypto for explosive returns in 2025 and beyond.</p>
<figure><img src="https://blockchainreporter.net/wp-content/uploads/2025/07/trump-ripple.webp" alt="trump ripple" title="Which Of These Is A Better Crypto To Buy Now: Desoc, Ripple, Or Cardano? 1" srcset="https://blockchainreporter.net/wp-content/uploads/2025/07/trump-ripple.webp 686w, https://blockchainreporter.net/wp-content/uploads/2025/07/trump-ripple-300x169.webp 300w, https://blockchainreporter.net/wp-content/uploads/2025/07/trump-ripple-600x338.webp 600w, https://blockchainreporter.net/wp-content/uploads/2025/07/trump-ripple-450x253.webp 450w" /></figure>
<p>This new project is at the forefront of crypto innovation by pushing the idea of decentralization in the social media space, which is rife with data breaches, privacy violations, and unwanted censorship. The project’s innovative use case has led to investors pouring over $10 million into its presale, and demand is ramping up. But which of them is the blue-chip investment? Let’s find out.</p>
<h2 id="desoc-socs-reigns-supreme-over-market-giants"><strong>DeSoc ($SOCS) Reigns Supreme Over Market Giants</strong></h2>
<p><a href="https://desoc.space/" target="_blank">DeSoc</a> is quickly on its way to becoming one of the top cryptocurrencies to invest in, having already raised over $10 million from the sale of millions of tokens. The token is currently trading at a price as low as $0.01, offering early backers the opportunity to accumulate positions before it enters the mainstream. Investors are strongly behind this project for several reasons:</p>
<ul>
<li>A clear roadmap and token distribution, which involves targeted advertising campaigns.</li>
<li>Structured presale phases consisting of 12 stages with a defined allocation of 1,350,000 tokens</li>
<li>Governance utility, which gives investors the ability to effect changes for the growth of the platform</li>
<li>A certified audit from BlockAudits to prove its smart contract is free from vulnerabilities.</li>
<li>Unmatched community rewards, which set aside 10% (300,000,000 tokens) for engaging and rewarding the community.</li>
</ul>
<p>Beyond these features, DeSoc empowers Web3 creators, businesses, and users in ways that centralized platforms like Facebook and X simply can’t. It grants creators control by decentralizing their social graph. Using smart contracts and distributed ledgers ensures that its operations are secure, making data immutable and tamper-proof.</p>
<p>Additionally, users of this platform are motivated to participate actively through various mechanisms such as token rewards, content monetization, and community recognition. They can earn these rewards in $SOCS by engaging with content, creating valuable contributions, and participating in community activities.</p>
<h2 id="ripples-corporate-strategy-instills-hopes-of-long-term-gains"><strong>Ripple’s Corporate Strategy Instills Hopes of Long-Term Gains</strong></h2>
<p>XRP, the third-largest cryptocurrency, has secured another corporate adoption win. In July, the U.S.-based farming technology company <a href="https://www.prnewswire.com/news-releases/natures-miracle-holding-inc-announces-an-up-to-20-million-corporate-xrp-treasury-program-302511741.html" target="_blank">Nature’s Miracle Holding announced</a> plans to allocate up to $20 million toward establishing an XRP treasury. This makes it one of the first publicly traded firms to formally incorporate XRP into its core balance sheet strategy.</p>
<p>While $20 million may not seem monumental initially, it adds to the growing corporate trend of embracing true utility altcoins like XRP. Earlier this year, Trident, listed in Singapore, announced its plans to invest $500 million in an XRP treasury strategy. Meanwhile, Hyperscale Data is reportedly moving forward with a $10 million XRP allocation tied to its upcoming decentralized finance (DeFi) lending initiative.</p>
<figure><img src="https://blockchainreporter.net/wp-content/uploads/2025/07/xrp-chart-1-1024x604.webp" alt="xrp chart 1" title="Which Of These Is A Better Crypto To Buy Now: Desoc, Ripple, Or Cardano? 2" srcset="https://blockchainreporter.net/wp-content/uploads/2025/07/xrp-chart-1-1024x604.webp 1024w, https://blockchainreporter.net/wp-content/uploads/2025/07/xrp-chart-1-300x177.webp 300w, https://blockchainreporter.net/wp-content/uploads/2025/07/xrp-chart-1-768x453.webp 768w, https://blockchainreporter.net/wp-content/uploads/2025/07/xrp-chart-1.webp 1214w" /></figure>
<p>XRP price analysis. Source: <a href="https://www.tradingview.com/chart/?symbol=BITSTAMP%3AXRPUSD" target="_blank">Tradingview</a></p>
<p>Ripple’s XRP technicals also favour its positive outlook amid cool-off risks. Its weekly chart shows that the coin formed a golden cross pattern as the 50-day Weighted Moving Average crossed above the 200-day one.</p>
<h2 id="cardano-targets-1-break-as-market-sentiment-rises"><strong>Cardano Targets $1 Break as Market Sentiment Rises</strong></h2>
<figure><img src="https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data--1024x382.webp" alt="ada data" title="Which Of These Is A Better Crypto To Buy Now: Desoc, Ripple, Or Cardano? 3" srcset="https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data--1024x382.webp 1024w, https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data--300x112.webp 300w, https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data--768x287.webp 768w, https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data--1536x573.webp 1536w, https://blockchainreporter.net/wp-content/uploads/2025/07/ada-data-.webp 1589w" /></figure>
<p>Cardano on-chain analysis. Source: <a href="https://www.coinglass.com/currencies/ADA" target="_blank">Coinglass</a></p>
<p>The Cardano (ADA) price prediction has recently improved, supported by a notable rise in exchange trading. Data from Coinglass shows that leverage is declining, indicating that this positive stance is driven mainly by spot market demand rather than leveraged trading.</p>
<p>But it’s not just the data action that’s exciting investors. Founder <a href="https://www.ainvest.com/news/cardano-founder-announces-mid-august-audit-report-release-2507/" target="_blank">Charles Hoskinson recently revealed</a> that a mid-August audit report will be released as part of Cardano’s renewed commitment to transparency. This is particularly important for crypto natives who value security and clarity in project governance.</p>
<p>According to industry experts, this move is expected to enhance the confidence of market participants. If momentum continues, Cardano may break past its recent local highs, opening the door for a parabolic push.</p>
<h2 id="conclusion"><strong>Conclusion</strong></h2>
<p>XRP and ADA continue to maintain their distinct edges in today’s market. However, DeSoc is the most appealing buy due to its unique position in the social media space, unmatched tokenomics, and presale success.</p>
<p>The ongoing presale is currently priced at just $0.01 an exceptional opportunity that you won’t want to miss. DeSoc is poised to make a significant impact in the $101 billion decentralized social network market, and this is your chance to get in early. Take action now and secure your position!</p>
<p><strong>Discover the future of decentralized social infrastructure with DeSoc. Explore the project and join the SOCS token presale here:</strong></p>
<p><strong>Website</strong>:<a href="https://desoc.space/" target="_blank"> https://desoc.space</a></p>
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 <p><img src="https://blockchainreporter.net/wp-content/uploads/2025/04/Max.jpg" alt="Max Clark" />
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 <p>
 Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work. </p>
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Blockchain Reporter

Which Of These Is A Better Crypto To Buy Now: Desoc, Ripple, Or Cardano?

<p>Project Acropolis is reimagining the Cardano node as a living ecosystem where developers can build applications from within, not just interface from outside</p><p style="margin-left:0px;">Cardano's mathematical foundations and formal verification approach have established it as a leader in blockchain security and reliability. However, these same architectural choices that ensure exceptional security have created a developer experience that requires significant upfront investment in specialized knowledge, tools, and infrastructure. The result is a paradox: one of the most technically robust blockchains has remained challenging for many developers to build on, limiting ecosystem growth despite its strong technical advantages.</p><p style="margin-left:0px;">Recognizing this opportunity, Input | Output (IO) is developing <a href="https://github.com/input-output-hk/acropolis">Project Acropolis</a> – a fundamental reimagining of the Cardano node architecture. Instead of treating the node as a fortress that applications must interface with from the outside, Acropolis transforms it into a modular, extensible ecosystem where developers can build applications from within using familiar tools and standard interfaces. This approach preserves Cardano's security guarantees while dramatically reducing barriers to entry.</p><h2 style="margin-left:0px;">Meet Alice: why her Cardano onboarding challenge matters to everyone</h2><p style="margin-left:0px;">To understand what this transformation means in practice, let’s follow Alice, a fictional composite character representing many Rust developers with DeFi experience. This hypothetical scenario illustrates common challenges developers face when approaching Cardano development.</p><p style="margin-left:0px;">Attracted by Cardano's mathematically guaranteed security, she wanted to build a yield farming tracker – exactly the kind of financial application that benefits from Cardano's rigorous approach.</p><p style="margin-left:0px;">In our hypothetical scenario, Alice might reflect: 'The security model was compelling, but I encountered a learning curve that made quick prototyping challenging. I would have needed to invest significant time in learning Haskell and specialized protocols before becoming productive.'</p><p style="margin-left:0px;">Alice's experience highlights an opportunity: while Cardano provides unmatched security guarantees, developers wishing to integrate with the node may experience a steeper learning curve than with other blockchains, which may be discouraging.</p><p style="margin-left:0px;">Note: While smart contract developers now have Aiken as an alternative programming language to learning Haskell and Plutus, developers who want to integrate their backend systems with the Cardano node don't yet have this same type of accessible pathway. That’s what Project Acropolis is addressing.&nbsp;</p><p style="margin-left:0px;">What if there was a way to preserve Cardano's technical advantages while providing familiar development interfaces?</p><h3 style="margin-left:0px;"><strong>Cardano's developer evolution</strong></h3><p style="margin-left:0px;">Decentralization, robust governance, and mathematically verified security make Cardano one of the most trusted blockchains. This is a result of deliberate architectural choices that prioritize security and correctness, which also create opportunities to improve developer experience.</p><p style="margin-left:0px;">While Cardano's emphasis on formal methods provides exceptional security guarantees, it also means developers need specialized knowledge to be productive. Paul Clark, IO’s lead architect working on developer experience improvements, describes the current architecture as having a ‘citadel mentality’ – exceptionally secure, but with limited entry points.</p><p style="margin-left:0px;">Today's development experience includes several areas ripe for improvement:</p><ul><li>Infrastructure requirements: accessing Cardano data through DB Sync requires up to 64GB of RAM and significant cloud hosting costs</li><li>Interface complexity: custom networking protocols require specialized knowledge compared to standard REST APIs</li><li>Specialized expertise: core development leverages Haskell, requiring dedicated learning time</li><li>Architectural constraints: the unified node design prioritizes reliability but limits extensibility.</li></ul><p style="margin-left:0px;">This points to a challenge: how to preserve Cardano's technical advantages while making development more approachable?</p><h2 style="margin-left:0px;">The game-changing vision: when the node becomes the ecosystem</h2><p style="margin-left:0px;">This is exactly the problem Paul Clark and his team at IO are tackling with project Acropolis – an initiative to redesign the Cardano node with a modular architecture, enabling greater node diversity, easier integration, and more decentralized development. Their solution goes beyond making Cardano easier to access – they're fundamentally reimagining what a blockchain node can be.</p><p style="margin-left:0px;">‘We talk about the node’s ecosystem – all the applications and interfaces around it, like <a href="https://github.com/IntersectMBO/cardano-db-sync">Cardano DB Sync</a>, <a href="https://github.com/CardanoSolutions/ogmios">Ogmios</a>, and <a href="https://github.com/blockfrost">Blockfrost</a>. In my analogy, you've got the citadel in the middle and buildings around it. But my vision is that the node becomes sufficiently porous so you can build applications directly into the node, not just next to it, but actually part of it.’&nbsp;</p><p style="margin-left:0px;">This is the fundamental insight: the node IS the ecosystem.</p><p style="margin-left:0px;">Instead of applications struggling to interface with the blockchain from outside, they become part of the node infrastructure. Application functionality becomes embedded in the architecture. For example, decentralized exchange (DEX) protocols become part of the data processing pipeline.</p><p style="margin-left:0px;">Clark's vision transforms the node from a fortress into a living ecosystem where innovation happens from within.</p><h2 style="margin-left:0px;">How modular architecture changes everything</h2><p style="margin-left:0px;">The technical foundation enabling this transformation is a ‘modular, event-driven architecture’ built on Caryatid, an application-independent framework that enables this modularity by providing message buses, module loading, and configuration management. It allows modules to run efficiently within a single process or be distributed across multiple processes for scalability, all without changing application code. Think of it as replacing an ancient citadel with a modern city district – specialized buildings instead of high walls and a single drawbridge. It’s more about buildings with interconnected pathways and roads – a network of buildings.&nbsp;</p><h3 style="margin-left:0px;"><strong>From citadel to ecosystem</strong></h3><p style="margin-left:0px;">The current Cardano node is monolithic – a single, complex system handling everything in one package. Acropolis breaks this into loosely coupled modules that communicate through message buses and can be mixed, matched, and extended.</p><p style="margin-left:0px;">Key innovations:</p><ul><li>Standard interfaces: familiar REST or gRPC APIs instead of custom mini-protocols</li><li>Modular components: run only the modules you need</li><li>Polyglot development: interface in any language while the core framework uses Rust</li><li>Event-driven architecture: subscribe to relevant events instead of polling for changes</li><li>Custom extensions: write your own modules and get direct access to everything happening inside the node.</li></ul><h2 style="margin-left:0px;">Real impact: who's already excited</h2><p style="margin-left:0px;">Real projects addressing real pain points are already lining up to use Acropolis.</p><p style="margin-left:0px;">Partner chains plan to embed cross-chain logic directly into Acropolis nodes instead of using existing generic and inefficient indexing solutions.</p><p style="margin-left:0px;">Blockfrost currently runs expensive infrastructure to make Cardano data accessible. With Acropolis, they could dramatically reduce costs while improving performance.</p><p style="margin-left:0px;">Sundae Labs is also looking at Acropolis’ modularity, and has some exciting plans to leverage that to upgrade the ‘Scooper’ software, which batches and executes orders, and as a key component of several other projects they have in the works.</p><p style="margin-left:0px;">The real excitement comes from projects that don't exist yet – applications that become possible when infrastructure barriers disappear.</p><h2 style="margin-left:0px;">Timeline and current status</h2><p style="margin-left:0px;">Project Acropolis, which began in October 2024 with Paul Clark working on the Caryatid framework, is in the ‘early explorer phase’ – a small team proving the vision is technically feasible. While the project now includes Sundae Labs developers and other Cardano engineers, the team remains deliberately small.</p><ul><li>Phase 1 – data node (current): building foundational infrastructure and replacing DB Sync with modular, REST-accessible components</li><li>Phase 2 – validating node (2nd half of 2025): adding transaction validation and script execution</li><li>Phase 3 – full node (future): block production and multi-peer networking.</li></ul><p style="margin-left:0px;">‘You go out there and try anything – it's like skunk works where you experiment, and if something breaks, you iterate. Think of early explorers mapping rivers, mountains, and bogs, clearing jungle to find the path. The next phase is stabilization: making it habitable with flexible design, establishing methodology while keeping it adaptable. We're proving this technology works this particular way, but it's not the only approach. You could do it completely differently, and the cost wouldn't be a complete rewrite because it's modular.’</p><h2 style="margin-left:0px;">Re-imagining Alice's experience with Acropolis</h2><p style="margin-left:0px;">Let's revisit our hypothetical scenario with Alice, but this time imagine her development experience with Acropolis available as an option.</p><p style="margin-left:0px;">In this scenario, when Alice decides to build her yield farming tracker, she discovers that Acropolis documentation offers a different approach: REST API endpoints for liquidity pool data, standard subscription methods for real-time updates, and examples across multiple programming languages.&nbsp;</p><p style="margin-left:0px;">She finds herself working with familiar patterns – HTTP requests and standard web technologies. Within hours, she has basic pool data flowing into her Rust application. By day's end, she's prototyped a notification system using transaction event subscriptions.</p><p style="margin-left:0px;">The experience reveals a possibility: rather than building an isolated external application, Alice could contribute a ‘yield analytics module’ that becomes part of the broader ecosystem. This modular approach means other developers could build on her work, extending it or using it as a foundation for their own projects.</p><p style="margin-left:0px;">Her focused weekend effort could become reusable infrastructure, potentially accelerating future development for the entire community.</p><h2 style="margin-left:0px;">The bigger picture: opening the floodgates</h2><p style="margin-left:0px;">The real promise of project Acropolis isn't just making Cardano development easier – it's fundamentally expanding who can participate in the Cardano ecosystem.</p><p style="margin-left:0px;">When blockchain infrastructure becomes as accessible as web development, building on Cardano feels as natural as building a REST API, and applications can live inside the ecosystem instead of struggling to interface with it from the outside, that's when the community will realize the true potential of decentralized ecosystems.</p><p style="margin-left:0px;">While the technical barriers served their purpose in establishing security, they also created unintended obstacles for developers like Alice, limiting growth potential. Paul Clark's vision of the node-as-ecosystem represents a path toward the best of both worlds: maintaining Cardano's mathematical rigor and security while opening the doors to a vastly larger community of builders.&nbsp;</p><p style="margin-left:0px;">For developers who've been waiting for the right moment to explore Cardano, that moment may be approaching faster than expected. The walls are coming down, and the ecosystem is about to get much bigger.</p><hr><p style="margin-left:0px;">Project Acropolis is currently in active development. Developers interested in following the project or getting involved can track progress through <a href="https://iohk.io/en/blog/posts/page-1/">IOHK’s blog</a>.&nbsp;</p><p style="margin-left:0px;">Follow Paul Clark on X: @towlenner</p><p style="margin-left:0px;"><strong>See </strong><a href="https://github.com/input-output-hk/acropolis"><strong>Acropolis</strong></a><strong> and </strong><a href="https://github.com/input-output-hk/caryatid"><strong>Caryatid</strong></a><strong> GitHub repositories.</strong></p><h3 style="margin-left:0px;"><a href="https://iohk.io/en/blog/authors/joseph-fajen/page-1/"><strong>Joseph Fajen</strong></a></h3><p style="margin-left:0px;"><strong>Technical Writer</strong></p><p style="margin-left:0px;">Engineering</p>

Input Output

Breaking down the walls: making Cardano more developer-friendly

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								<p>Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), revealed in a newly published interview that his company passed on a potential deal with the government of El Salvador due to serious legal and geopolitical concerns—specifically involving a proposed airdrop that would have included members of the MS-13 criminal gang.</p>
<h2>Cardano Founder Rejected El Salvador Deal</h2>
<p>The <a href="https://x.com/corybates1895/status/1942344098016551312" target="_blank">comments</a> came during an appearance on The Shawn Ryan Show, where Hoskinson disclosed that his team was approached by El Salvador’s administration. According to Hoskinson, the discussions stalled almost immediately after the idea of a mass airdrop to the entire population—including individuals on international sanctions lists—was introduced.</p>
<p>“Bukele, for example, wanted to do an airdrop to everybody in El Salvador,” Hoskinson said, referring to President Nayib Bukele. “And we’re like, okay, but MS-13 is on an OFAC list. And so if we give Bitcoin to all these people, we’re facilitating a transfer of value to a terrorist organization. That’s no bueno.”</p>
<p>Hoskinson emphasized that distributing tokens to sanctioned individuals—whether knowingly or unknowingly—could be considered a violation of US federal law, particularly <a href="https://bitcoinist.com/tornado-cash-removed-us-treasurys-ofac-sanctions/" target="_blank">OFAC (Office of Foreign Assets Control) sanctions</a>, and might invite prosecution or regulatory retaliation. “So Justice Department has to give a clearance and understand what the rules are and everything. We just couldn’t get there,” he said. “So we passed on the deal after a week, but it was just wild.”</p>
<p>Cory Bates, who posted the clip on X, underscored the gravity of Hoskinson’s claims, tagging prominent El Salvador Bitcoin advisors <a href="https://bitcoinist.com/elon-musk-full-bitcoin-maximalist-max-keiser/" target="_blank">Max Keiser</a> and Stacy Herbert and asking whether they believed the story. At the time of publication, neither Keiser nor Herbert had responded publicly.</p>
<p>However, Keiser’s past commentary on Hoskinson and Cardano paints a picture of longstanding hostility. In a series of <a href="https://x.com/maxkeiser/status/1541767173202481154" target="_blank">posts</a> from mid-2022, Keiser wrote: “Cardano: Centralized, and an obvious unregistered security headed up by Charles Hoskinson who his associates allege is a pathological liar.” He further claimed: “Reportedly, El Salvador tossed this crackpot loser out of the country when he showed up peddling scams.”</p>
<p>In another post, Keiser alleged that El Salvador had “standing orders not to let him operate” in the country. These accusations have never been formally substantiated, and Hoskinson has generally not responded to them publicly until now.</p>
<p>The new revelations add a controversial layer to the early narrative around <a href="https://bitcoinist.com/bukeles-el-salvador-plans-more-bitcoin-buys/" target="_blank">El Salvador’s Bitcoin strategy</a>, which has centered almost entirely around the country’s partnership with Bitcoin maximalists and the rollout of BTC as legal tender. Cardano, often dismissed by Bitcoin proponents as too academic or too centralized, had not previously been considered a serious contender in Bukele’s national crypto vision.</p>
<p>At press time, Cardano traded at $0.573.</p>
<figure><img src="https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?resize=1024%2C454" alt="Cardano price" srcset="https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=3628 3628w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=640 640w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=768 768w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=980 980w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=1536 1536w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=2048 2048w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=750 750w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=1140 1140w, https://bitcoinist.com/wp-content/uploads/2025/07/ADAUSDT_2025-07-08_09-17-24.png?w=3000 3000w" /><figcaption>Cardano price, 1-week chart | Source: <a href="https://www.tradingview.com/x/juRn5rqB/" target="_blank">ADAUSDT on TradingView.com</a></figcaption></figure>
<p>Featured image created with DALL.E, chart from TradingView.com</p>
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				Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.			</p>
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Cardano Pulled Out Of El Salvador Deal, Hoskinson Claims

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