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In the latest development in the blockchain space, Cardano founder Charles Hoskinson shared his thoughts on Ethereum’s potential demise, prompting a reaction from pro-XRP lawyer John Deaton.
Notably, Charles Hoskinson projected the Ethereum blockchain’s possible downfall, commenting that the platform would not survive over the next decade. Acknowledging Hoskinson’s Ethereum roots, John Deaton appreciated his comments as particularly noteworthy.
The Future of Ethereum: Insights from John Deaton and Charles Hoskinson
Recently, the Cardano founder, Charles Hoskinson, predicted that the Ethereum network will collapse in the next 10-15 years. He noted, “So, I don’t think Ethereum will survive, you know, more than 10 years to 15 years.”
In response to his words, XRP attorney John Deaton shared a thread on X. John Deaton acknowledged Hoskinson’s words as insightful and particularly significant, given Hoskinson’s foundational role in Ethereum’s creation.
Deaton also expressed curiosity about others’ thoughts on Ethereum’s future, humbly acknowledging the limitations of his own knowledge on the subject. His X post read,
Fascinating to listen to an Ethereum co-founder opine on whether Ether can even survive. I’m not smart enough to have an opinion one way or the other but would like to know what others think.
Why Ethereum Might Not Last 15 More Years? Charles Hoskinson Explains
In a recent Ask Me Anything (AMA) session yesterday, the Cardano founder expressed concerns about the long-term viability of the Ethereum blockchain. Highlighting the platform’s key mistakes, Hoskinson posited that Ethereum would not exist after some 15 years. This has sparked comments from John Deaton.
Protocol & Consensus Model: According to Hoskinson, Ethereum’s choice of protocol and consensus model is not sufficient for the network’s needs. In particular, he mentions the current limitations of Ethereum’s Proof-of-Stake (PoS) mechanism.
Layer 2 Scaling Solutions: The Cardano founder slams the blockchain’s adoption of layer 2 scaling solutions, addressing them as “parasitic.”
Governance System: As per Hoskinson, the Ethereum network’s governance system is unsound. He pointed out that the platform’s governance is off-chain, but not on-chain, which could lead to inefficiencies in decision-making and adaptability.
John Deaton’s latest comments on the Cardano founder’s insights on Ethereum come following the former’s recent criticism of Oregon AG Rayfield. The XRP lawyer questioned the AG’s motivations for filing a lawsuit against Coinbase with outdated claims.
Zora Network — a dedicated layer-2 solution for NFTs — has officially announced the ZORA token airdrop, scheduled for April 23, 2025.
Launched in 2020, Zora has raised $60 million from investors such as Coinbase Ventures and Haun Ventures. The airdrop comes amid a cooling NFT market and ongoing debates around “content coins.”
Zora to Launch ZORA Token on April 23: Key Details
According to Zora’s official announcement, the airdrop will take place on April 23. It will be a retroactive airdrop aimed at users who have actively engaged with the platform.
The snapshot data splits into two phases:
The first phase spans from January 1, 2020, to March 3, 2025.
The second covers March 3, 2025, to April 20, 2025.
Zora plans to allocate 10% of its total 10 billion token supply—that is, 1 billion ZORA—for this airdrop. The Zora team will hold 18.9% of the supply, and strategic advisors and development supporters will control over 26%.
Moreover, Binance revealed it would list ZORA on Binance Alpha on April 23. Binance also announced an airdrop of 4,276 ZORA tokens to eligible users.
“Exclusively for users who have totally purchased at least $50 on Alpha using Spot or Funding accounts on Binance Exchange between 00:00:00 March 22, 2025 (UTC) to 23:59:59 April 20, 2025 (UTC),” Binance stated.
Currently, ZORA is trading at around $0.03 on pre-market platforms, which allow token trading before the official launch. This price suggests the airdrop is worth about $30 million. Zora Network’s fully diluted market cap sits at around $300 million.
Zora is more than an NFT marketplace. It also functions as a protocol that enables third parties to build and sell NFTs. One notable example is its recent integration with Base, Coinbase’s layer-2 project.
According to a recent report from BeInCrypto, Base used Zora to tokenize a post on X titled “Base is for everyone.” They turned it into an ERC-20 token. That post generated over $30 million in trading volume within 12 hours and earned $70,000 in profit.
However, the event sparked controversy. Some users accused Base of a “pump and dump” scheme after the token’s price plummeted 99% within four hours. At its peak, trading volume on Uniswap hit $13 million before collapsing.
Base denied that the token was a meme coin or a pump-and-dump plan. Still, the incident raised concerns about transparency in projects tied to Zora.
As of writing, data from Dune shows that Zora Network has processed over 87 million transactions. It currently attracts about 37,000 active addresses per day.
Total Transactions And Active Users on Zora Network. Source: Dune
However, user activity has dropped sharply. The number of active users has declined by over 80% in the past year.
Moreover, a recent report from Binance indicates that the NFT market experienced a significant decline last month. Total sales volume across the top 10 blockchains decreased by 12.4%, which suggests weaker buyer interest.
The AT&T subscribers can connect to Helium’s community-built Wi-Fi network.
The Helium network has grown to over 800k daily users, thus increasing the utility of HNT tokens.
The HNT price is on the cusp of at least a 100 percent rally following a successful bullish rebound.
Helium (HNT) network, a decentralized physical infrastructure network (DePIN), announced a strategic partnership with AT&T Inc. (NYSE: T), a veteran telecommunication company with a significant presence in the North American market. The two entities intend to enhance WiFi coverage across the United States,
Furthermore, AT&T subscribers can now connect to Helium’s community-built WiFi network, which consists of more than 93.5k community-operated WiFi hotspots. In the past, several mobile carriers – led by Telefónica’s Movistar and other Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) – have joined the Helium network to enhance their WiFi coverage.
“Working with AT&T is a massive step forward in our mission to bring affordable and accessible connectivity to the masses. Teaming up with such a global leader in the industry allows us to rapidly accelerate the adoption of Helium and provide real-world value to both AT&T and their subscribers,” Amir Haleem, Co-founder of Helium and CEO of Helium Mobile, noted.
HNT Price Ready for Liftoff
Following the collaboration announcement, HNT’s price gained nearly 6 percent to trade at about $3.79 on Thursday, during the mid-North American trading session. As a result, the small-cap altcoin, with a fully diluted valuation of about $844 billion and a 24-hour average trading volume of about $20 million, has gained over 44 percent in the past two weeks.
In the daily timeframe, HNT price has already retested the recent macro bullish breakout, and on the cusp of rallying towards a crucial resistance level around $9.7 in the coming weeks. Moreover, the daily MACD has already crossed above the signal line for the first time in 2025, signaling the buyers are gaining momentum.
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The AT&T subscribers can connect to Helium’s community-built Wi-Fi network. The Helium network has grown to over 800k daily users, thus increasing the utility of HNT tokens. The HNT price is on the cusp of at least a 100 percent rally following a successful bullish rebound. Helium (HNT) network, a decentralized physical infrastructure network (DePIN), …
