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- Hoskinson plans to integrate Bitcoin DeFi to boost Cardano’s TVL and ecosystem growth.
- XRP and real-world assets could add billions in untapped liquidity.
- Cardano targets $10–15B TVL, aiming to surpass Solana in DeFi.
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Cardano founder Charles Hoskinson believes the future of decentralized finance on Cardano lies in one bold move — integrating Bitcoin DeFi. Speaking at Token2049 Singapore, Hoskinson told Crypto Banter’s Ran Neuner that unlocking Bitcoin’s liquidity could transform Cardano’s ecosystem and push its total value locked (TVL) into double-digit billions.
Bitcoin DeFi: Cardano’s Trillion-Dollar Opportunity
Hoskinson admitted that Cardano has fallen behind rivals like Solana in DeFi adoption, despite building one of the most decentralized governance systems in crypto. However, he sees Bitcoin DeFi as the key to turning that around.
“Bitcoin is a $2 trillion ecosystem,” Hoskinson noted. “If we can bring smart contracts to its holders, it will ripple across Cardano DeFi.”
The connection is more than philosophical. Cardano’s eUTXO model closely mirrors Bitcoin’s UTXO system, making cross-chain compatibility easier. This shared foundation could allow Cardano-based smart contracts to run on the Bitcoin network — a breakthrough that could bring a flood of capital and users into the ADA ecosystem.
XRP and Real-World Assets on the Radar
Beyond Bitcoin, Hoskinson sees XRP and real-world asset (RWA) tokenization as other major growth engines. He highlighted that over $100 billion in XRP currently sits idle without yield opportunities. By tapping into that market and combining it with RWA initiatives, Cardano could boost its TVL to between $10 billion and $15 billion.
Also Read: Cardano Price Could Jump 50% as SEC ETF Decision Nears
If realized, this would put Cardano ahead of Solana’s current $12.85 billion in DeFi value, positioning it as a true contender in the next phase of decentralized finance — even if still far from Ethereum’s $98 billion lead.
The Path to Cardano’s DeFi Comeback
Hoskinson’s vision is ambitious but clear: merge Bitcoin’s liquidity, XRP’s untapped potential, and real-world tokenization to reignite Cardano’s DeFi momentum. While execution remains key, the plan could mark a turning point for ADA — from lagging competitor to leading innovator in multi-chain DeFi.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
