
'Mysterious' 300,000 XRP Users: Who Are They and Why Does XRP Ledger Look Unnatural
XRP Ledger sees a mysterious spike of 300,000 new users, raising suspicions.

Cardano founder Charles Hoskinson challenges the spending of major ecosystem entities, proposing a shift from event-based marketing to establishing permanent global offices. He argues that infrastructure is key to securing ADA's long-term price rise, rather than hosting parties.
Cardano founder Charles Hoskinson ignited an open dispute with major ecosystem entities such as the Cardano Foundation and Emurgo, questioning the efficiency of their spending. The trigger for the discussion was a request to allocate 14 million ADA worth around $3,3 million from the treasury to host the annual Cardano Summit and participate in a conference in Singapore.
While ADA is struggling to hold key price levels, Hoskinson directly stated that "parties" will not save the price — infrastructure will.
For the cost of this proposal, it is possible to maintain up to six permanent offices worldwide that would operate like a hub in Buenos Aires, Hoskinson emphasized. In his view, only a “living” presence across different parts of the world proves to markets that the Cardano network is thriving, while attending parties delivers only short-term media impact.
We have to bring new people in and showany markets that cardano is still alive and thriving. Going to parties doesn't do that, having permanent community hubs with people attending weekly events does.
— Charles Hoskinson (@IOHK_Charles) April 11, 2026
As part of the new strategy, the treasury must stop issuing “free grants.” Funded projects would return up to 30% of capital back to the treasury, which would then use the proceeds to buy ADA from the market, creating natural buy pressure.
As of April, opinions are divided. Skeptics argue that coworking spaces will not lift the price in the short term, as investors are primarily driven by price action, not offices.
Supporters of Hoskinson believe that abandoning expensive conferences in favor of real development is the only way to survive amid intense competition with Solana and Ethereum.
At the moment, ADA is frozen in anticipation as delegates prepare to vote on the 14 million ADA budget.
Charles Hoskinson proposed shifting from event-based marketing, like hosting parties, to establishing permanent global offices to demonstrate Cardano's ongoing presence and activity.
A request was made to allocate 14 million ADA, approximately $3.3 million, from the treasury to host the annual Cardano Summit and participate in a conference in Singapore.
Hoskinson believes that parties deliver only short-term media impact and that a sustainable infrastructure with community hubs is necessary to show that Cardano is thriving and to attract new users.

XRP Ledger sees a mysterious spike of 300,000 new users, raising suspicions.

Cardano's Charles Hoskinson audits 11,000 DAOs to address governance by 2027.

Bitcoin rebounds to over $74K as total crypto market cap rises by $80 billion.

Wietse Wind warns XRP community about rising scams targeting Xaman wallet users.

Bank of America increases Bitcoin stake while tripling Ethereum and Solana exposure.

Latest on Pi Network: Token price stabilizes at $0.15 amid update delays.
See every story in Crypto — including breaking news and analysis.