Charles Hoskinson, the founder of Cardano, has called for unity within the cryptocurrency industry and urged it to move beyond past rivalries.
His message came amid the fallout from Operation Choke Point 2.0, an aggressive banking service disruption targeting cryptocurrency firms.
"Crypto Cooperation Against Operation Choke Point 2.0"
In a post on X (formerly Twitter) on November 30, Hoskinson publicly acknowledged the need for reconciliation, referencing his past criticisms of ecosystems like Bitcoin, XRP, and Solana. He encouraged the Cardano community to move beyond past conflicts and animosity and emphasized the importance of resetting relationships across the cryptocurrency space.
"My proposal to the Cardano community is to forget the past opinions and statements and embrace a full reset of all ecosystems," Hoskinson said.
Hoskinson noted that influencers of competing ecosystems have often dismissed Cardano, but are now reevaluating its potential. He said this shift presents opportunities for meaningful dialogue and joint action. He therefore urged the community to abandon the tribalism he described as a major obstacle to mainstream adoption and the industry's long-term growth.
Looking ahead to 2025, Hoskinson presented a vision of unity and progress. He believes the industry has a limited window to transition cryptocurrencies into mainstream financial assets and grow market capitalization. Achieving this goal, he argued, requires a united effort to overcome internal divisions and seize new opportunities.
"2025 is the year of unity and progress. We have the opportunity to make crypto mainstream and grow the market to tens of trillions of dollars in value, penetrating every household and government. Petty tribalism must not waste this chance," Hoskinson concluded.
Hoskinson's call for unity came amid the industry's struggles related to Operation Choke Point 2.0. This operation, using tactics such as audits, fines, and banking service disruptions, has forced financial institutions to sever ties with cryptocurrency firms due to fear of regulatory consequences.
The Cardano founder emphasized that the impact of this operation is global, causing economic and emotional harm to cryptocurrency companies worldwide.
"The global fallout of Operation Choke Point 2.0. Many have buried their heads in the sand, saying the industry's claims are not as bad as it says. It is worse and it is global. Many companies have been harassed, fined, audited, and kicked off platforms," he said.
Indeed, Hoskinson's remarks underscore the urgency of building solidarity within the cryptocurrency ecosystem. He believes that by focusing on shared goals and overcoming internal divisions, the industry can overcome external challenges and drive broader global adoption.
