Cardano Co-Founder Teases Potential Partnership With SpaceX, ADA Price Surges 20%

Charles Hoskinson, the co-founder of Cardano (ADA), shared his experience visiting SpaceX's headquarters. Hoskinson’s visit to SpaceX has coincided with a significant boost in ADA’s market performance and led a price surge.

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Meghna Chowdhury
Meghna Chowdhury
Meghna is a Journalism graduate with specialisation in Print Journalism. She is currently pursuing a Master's Degree in journalism and mass communication. With over 3.5 years of experience in the Web3 and cryptocurrency space, she is working as a Senior Crypto Journalist for UnoCrypto. She is dedicated to delivering quality journalism and informative insights in her field. Apart from business and finance articles, horror is her favourite genre.

Charles Hoskinson, the co-founder of Cardano (ADA), on 16th November, today, shared his experience visiting SpaceX’s headquarters in California, stirring excitement about a possible collaboration between the blockchain platform and Elon Musk’s aerospace giant. 

Cardano Co-Founder Praises SpaceX

In a YouTube vlog, Hoskinson lauded SpaceX, calling it one of the most remarkable achievements of the 21st century. “They build a rocket every two days—these guys are on fire! I’ve never seen a company so well-run, with people who are both smart and motivated.” 

Hoskinson said. He also highlighted the passion of SpaceX’s employees, who share a collective enthusiasm for their mission to achieve a “Mission to Mars.”

Could SpaceX and Cardano Partner?

Although Hoskinson refrained from disclosing specific details of his visit due to a non-disclosure agreement (NDA), he hinted that discussions were underway and promised to share more information in the future. 

His trip has ignited speculation about a potential partnership between Cardano and SpaceX, especially after he posted a photo of himself standing in front of a SpaceX rocket.

Cardano advocate Big Pey suggested this might be connected to Hoskinson’s recent statement about preparing to sign the “biggest deal of his life.” 

Big Pey’s remarks have amplified excitement within the cryptocurrency community, with many eager to imagine how such a collaboration could unfold.

ADA’s Price Surge Amid Speculation

Hoskinson’s visit to SpaceX has coincided with a significant boost in ADA’s market performance. The cryptocurrency is currently trading at $0.7273, reflecting a 22% increase in the last 24 hours. Its trading volume has skyrocketed by 152% over the same period, while Cardano’s market cap now stands at $25.48 billion.

The surge in ADA’s value underscores the growing interest in the cryptocurrency, fueled by the buzz around a potential SpaceX partnership. If the rumours are accurate, a partnership between Cardano and SpaceX could mark a revolutionary intersection between blockchain technology and space exploration. 

Such a collaboration could open doors for blockchain applications in areas like decentralized communication networks or secure data systems for interplanetary missions.

While the specifics remain unclear, Hoskinson’s enthusiasm and the market’s reaction suggest that something significant might be on the horizon for Cardano.

As the crypto community waits for further updates, this potential partnership could set a new precedent in the blockchain and aerospace industries.

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