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Charles Hoskinson, Anatoly Yakovenko Confirm Plan To Get ADA Bridged To Solana ⋆ ZyCrypto

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A heated row has sparked conversations about a potential collaboration between Solana and Cardano, two blockchains with a long history of feuds. Both founders, Charles Hoskinson and Anatoly Yakovenko, gave the green light to develop a cross-chain bridge between the two networks.

A Cross-Chain Bridge For Cardano and Solana

Cardano founder Charles Hoskinson and Solana co-founder Anatoly Yakovenko have confirmed plans for a cross-chain bridge designed to bring ADA liquidity to the Solana.

Hoskinson and Yakovenko revealed their intention on X (formerly Twitter), marking a major milestone for interoperability between both rival blockchain ecosystems. Yakovenko waded into a heated argument between Hoskinson and Helius Labs CEO Mert Mumtaz, dousing tensions over Solana’s decentralization and Cardano’s utility.

“Fighting with Cardano or XRP is incredibly bearish,” said Yakovenko in response to a back-and-forth between Hoskinson and Mumtaz.

Hoskinson responded to Yakovenko’s comment by signaling an intention to build on Solana and XRP. Both founders confirmed the intention to explore a cross-chain bridge with Yakovenko directing a Solana developer to get the project underway.

“Get ADA bridged to Solana and set up some liquid markets,” wrote Yakovenko.

As cheer erupted in both ecosystems, one community member argued in favor of bridging SOL back to Cardano, citing Solana’s waning DEX volume. The claim sparked a back-and-forth between Solana and Cardano proponents over trading volume supremacy and DeFi activity. However, both founders’ responses indicated a commitment to interoperability.

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Valiant Attempts at Pursuing Interoperability

In mid-December, Solana opened its doors to XRP, allowing support for the Ripple token on its network. Before XRP, several tokens, including ETH, USDC, BTC, and DAI, have been bridged to Solana via Wormhole and other bridges.

Meanwhile, Cardano’s Midnight has indicated a strong support for interoperability, distributing its historic airdrop across seven major blockchains. The second phase of the Midnight Glacier Drop also underscored multi-chain eligibility with Hoskinson describing it as a proof of interoperability intent.

Furthermore, Cardano has taken early steps to allow Bitcoin holders to use their assets in Cardano’s decentralized finance ecosystem without leaving the original chain.

Source: https://zycrypto.com/charles-hoskinson-anatoly-yakovenko-confirm-plan-to-get-ada-bridged-to-solana/

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