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Charles Hoskinson Mocks Solana Team in Latest AMA Session

Published 07/16/2022, 03:33 AM
Updated 07/16/2022, 04:00 AM
© Reuters.  Charles Hoskinson Mocks Solana Team in Latest AMA Session
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    • Charles Hoskinson shares his thoughts about Cardano and Solana collaborating.
    • SOL’s price is down 0.70% over the last day.
    • ADA’s price is currently $0.4345 – a 1.19% drop over the past day.

Cardano’s founder and CEO, Charles Hoskinson, recently shared his thoughts about Cardano (ADA) and Solana (SOL) collaborating in a recent Ask Me Anything (AMA) session.

When asked if there is potential for Solana and Cardano to collaborate with each other, Hoskinson replied with a story about how his brother used to repair old Nintendo consoles.

This is a reference to an event that happened earlier this year when the Solana Network experienced another outage. Following Solana’s latest outage, Hoskinson mockingly sent the developers at Solana a link to video on how to repair a Nintendo console, with the message “Maybe this will help.”

Hoskinson then concluded that Solana and Cardano collaborating would “make a lot of sense” since Hoskinson’s family has a history of repairing Nintendo consoles, jokingly referring to the Solana blockchain as a Nintendo console.

At the time of writing, SOL’s price is down 0.70% over the last 24 hours to take its price down to $36.61, according to CoinMarketCap. Meanwhile, ADA’s price dropped by 1.19% during the same period. ADA’s price is now at $0.4345 at the time of writing.

Both ADA and SOL have weakened against Bitcoin (BTC) and Ethereum (ETH). ADA has weakened against BTC by 0.89% and has weakened by 1.27% against ETH. SOL is down 0.71% against BTC and 0.87% against ETH.

ADA and SOL are ranked number 8 and 9 respectively on CoinMarketCap’s list of the biggest cryptos by market cap.

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