Cardano founder Charles Hoskinson expressed strong personal disapproval of Donald Trump but acknowledged that a Trump administration, with a potentially crypto-friendly SEC Chair like Paul Atkins, would be better for the crypto industry than a Harris administration. He also provided updates on Cardano's Midnight and Laos projects, and the RealFi initiative, which could impact ADA's valuation.
Cardano founder Charles Hoskinson's comments, while politically charged, offer insight into potential regulatory environments for crypto under different US administrations. His preference for a Trump administration, despite personal disdain, stems from the belief that a Paul Atkins-led SEC would be more favorable to the industry than a Gary Gensler-led one. This could have long-term implications for the regulatory landscape affecting ADA and other cryptocurrencies. Short-term, the impact is likely minimal as these are speculative political outcomes. However, his updates on Cardano's Midnight, Laos, and RealFi projects provide concrete developments that could positively influence ADA's value if successful, with RealFi aiming for $1 billion TVL within 12 months.