Cardano (CRYPTO: ADA) founder Charles Hoskinson fired back at Flare (CRYPTO: FLR) CEO Hugo Philion after Philion posted data showing Flare’s $159 million total value locked surpasses Cardano’s $131 million.
The Twitter Exchange Gets Heated
Philion opened the exchange by pointing out that Cardano launched in 2017 while Flare launched in 2023.
He argued that Cardano has been “trying and miserably failing” to copy Flare’s strategy and has far lower DeFi stats despite a massive head start and vast treasury.
“Cardano will not win BTC,” Philion declared.
“Flare will win by creating the unified DeFi layer for FXRP, FBTC, FXLM, RWAs, Stables and the rest,” he added.
Hoskinson dismissed the attack as outdated marketing tactics, responding that attacking Cardano for attention and media “is so 2022” and suggesting Philion try TikTok reaction videos instead.
Philion Fires Back With Data
Philion countered that he …
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