Cardano Founder Charles Hoskinson Addresses Disinvitation from Trump’s Crypto Policy Dinner, Emphasizes Market Development and Regulatory Engagement
Cardano founder Charles Hoskinson has publicly addressed both criticism of Cardano’s price performance and his recent disinvitation from a Trump Mar-a-Lago crypto policy dinner. Initially, Hoskinson stressed that Cardano’s value lies in its technological development, scalability, security, and real-world adoption rather than just ADA price action. He highlighted Cardano’s progress from a $72 million startup to a $25 billion global ecosystem, despite ongoing market volatility and questions about its viability. The subsequent event brought further attention after Hoskinson was removed from a high-profile Trump dinner at the last minute, reportedly due to political maneuvering connected to ADA’s inclusion in a leaked ’crypto reserve’ draft alongside tokens like XRP and SOL. Hoskinson clarified that he only supports Bitcoin as a reserve asset. He criticized the ’get rich quick’ mindset in crypto trading and highlighted the importance of bipartisan congressional progress on crypto regulation and stablecoins. Despite being sidelined, Cardano’s policy team remains actively engaged with lawmakers and regulators to promote lasting crypto policy. This episode underscores heightened political interest in cryptocurrencies and ongoing internal power dynamics, which may influence both short-term sentiment and Cardano’s longer-term positioning within the evolving regulatory landscape.
Neutral
The news highlights Cardano founder Charles Hoskinson’s proactive response to both ongoing critique of ADA’s market performance and a high-profile political setback, along with Cardano’s continued commitment to regulatory engagement. While the public nature of the disinvitation event might briefly impact sentiment, there is no direct evidence of substantial negative or positive market movement resulting from these developments. Importantly, Hoskinson’s emphasis on long-term technological and regulatory progress, as well as bipartisan momentum for crypto regulation, indicates stability and ongoing commitment. Historically, such regulatory and political interactions tend to produce limited short-term price reactions—unless tied to direct listings, legal actions, or bullish/bearish regulatory news. Cardano’s fundamentals remain unchanged, and its focus on compliance may reassure long-term holders, but the market is likely to remain neutral in the immediate term until clearer policy or adoption triggers emerge.