Cardano’s (ADA) CEO Apologizes to XRP Community for Harsh Comments

Cardano’s CEO Charles Hoskinson has said several negative things about XRP including a statement that the XRP ecosystem should not exist.

Cardano’s (ADA) CEO recently apologized to the XRP community for making several negative statements about XRP in the past, including saying that the XRP ecosystem should not exist.

After completing a week-long meditation retreat, Cardano’s CEO Charles Hoskinson made the statement during an interview with XRPavocat where he expressed his regret for creating unnecessary tension within the crypto community.

Following this positive statement, Cardano’s network activity picked up as investors showed a renewed interest in the token.

According to data from Benzinga Pro, ADA is currently trading at $0.7271 after a significant intraday decrease of 6.79%. If investors continue to be optimistic about Cardano’s future, the token could experience a surge towards the nearest resistance at $0.862 before targeting the $1 milestone.

On the other hand, Sui’s (SUI) price faced strong selling pressure despite highlighting strong network fundamentals.

Earlier this week, SUI’s price soared to a new high of $3.4310, showing a massive increase of over 608% from its lowest point in August 2024.

Highlighting the platform’s strong network fundamentals, Sui became the 8th biggest L1 network for decentralized exchanges as its transaction volume outshined both Optimism and TRON. However, despite these positive metrics, Investors believe Sui’s price is now facing strong selling pressure as the post-election hype from last week comes to an end.

Currently, SUI is trading at $3.76 after an intraday decrease of 3.72%. Over the last 24 hours, Sui’s volume has dropped by 18.85%, which typically indicates a slump in network activity.

Since Sui’s CCI and Momentum Indicator are already suggesting bearish dominance, investors believe Sui’s price could form at a bottom at the $2.74 support towards the end of November.

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Combining the best elements of decentralized and centralized gamng on its unified and Ethereum-backed ecosystem, the new DeFi project has already garnered significant investor interest in just stage 8 of its presale. If this momentum continues through the bull run of Q4, they are projecting up to 880% returns for RBLK holders before its open market debut.

The platform’s unmatched user experience is precisely why Rollblock is poised for such massive gains. While traditional casinos are still struggling to create an online provably fair platform, Rollblock completely changes the game by integrating Ethereum’s blockchain security.

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To take things even further from gamng, Rollblock introduces its native $RBLK token, which functions as an independent DeFi altcoin on the open market.

This provides Rollblock investors with the opportunity to stake the token in exchange for a weekly passive income. Through Rollblock’s revenue sharing model, the platform uses its weekly casino revenue to re-purchase RBLK on the open market. Of the tokens, 40% are used as staking rewards, while the remaining 60% are permanently burned to maintain a highly deflationary nature for RBLK over time.

Considering these features, it comes as no surprise that Rollblock is already poised for 100x gains in 2025. For now, the platform is selling tokens for a low price of only $0.035 in stage 8 of its presale.

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.