Charles Hoskinson, the founder of Cardano, shared his top priorities for the network this year.
Its goal includes integrating Bitcoin into Cardano’s decentralized finance (DeFi) ecosystem, improving network scalability, and pursuing broader interoperability through potential collaborations.
Cardano Growth Plan Focuses on Bitcoin, Stablecoins and Chainlink Collaboration
Hoskinson recently revealed his strategy to strengthen Cardano’s capabilities in three critical areas. One of the highlights is the integration of Bitcoin liquidity into Cardano’s DeFi ecosystem. He described this as essential for long-term growth, noting that the potential market for Bitcoin on Cardano dwarfs that of Ethereum and Solana combined.
Last year, he revealed that he was targeting a May 2025 protest for the Bitcoin2025 event. The move could position Cardano as a significant player in Bitcoin DeFi, drawing liquidity from the leading cryptocurrency.
However, the announcement sparked debate when Hoskinson mentioned Fairgate as a partner. Critics questioned whether this would replace BitcoinOS, previously announced by Emurgo. Hoskinson clarified that Fairgate powers BitcoinOS technology and operates without requiring tokens, relying solely on Bitcoin for seamless cross-chain transactions.
Scalability remains a top priority for network growth. Hoskinson plans to implement updates such as Leios to improve transaction speed and efficiency. These upgrades aim to handle higher transaction volumes, ensuring that Cardano competes effectively with rivals like Solana.
Meanwhile, Hoskinson also hinted at a potential collaboration with Chainlink to improve interoperability. He emphasized the importance of making Cardano a connected “peninsula” rather than an isolated “island.” This approach corresponds to its vision of promoting integration between ecosystems.
“Make Cardano a peninsula, not an island. Integrations, integrations, integrations. I already have a meeting with Chainlink planned,” Hoskinson said.
He revealed that discussions with Chainlink are already underway, which could potentially involve the Cross-Chain Interoperability Protocol (CCIP). Over the past year, several crypto projects, including Shiba Inu, have adopted Chainlink’s technology for their cross-chain operations.
Stablecoins are also a central point of Cardano’s strategy. These digital assets are essential for payments and remittances and boast a market capitalization exceeding $200 billion.
Despite this, Cardano lags behind rivals like Tron and Ethereum in stablecoin adoption. Hoskinson aims to fill this gap by supporting new integrations, paving the way for increased blockchain network adoption in the growing DeFi space.
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