Cardano is on the middle of recent hypothesis after reviews emerged that Elon Musk—now heading the newly fashioned Division of Authorities Effectivity (DOGE)—is exploring blockchain know-how to streamline federal operations. In keeping with sources cited by Bloomberg, Musk has instructed {that a} digital ledger may provide a cost-efficient mechanism for monitoring federal spending, securing delicate knowledge, processing funds, and managing authorities buildings.
In keeping with sources cited by Bloomberg, representatives of Dogecoin (DOGE) have informally reached out to leaders of a number of public blockchains, together with discussions with Cardano builders. The hypothesis has grown louder following remarks from high-profile personalities throughout the crypto neighborhood.
On Wednesday, common YouTuber and crypto commentator Lark Davis touched off a brand new wave of chatter, saying: “Elon Musk and Charles Hoskinson reportedly, you realize, rumor is that they’re going to speak and that the USTreasury goes to go on Cardano. Whether it is true, it’s completely large.”
Hints From The Cardano Founder
The founding father of Cardano, Charles Hoskinson, has provided cryptic clues on social media over the previous few days, seemingly suggesting a big assembly is on the horizon. On Tuesday, he posted on X: “VIP dinner acquired moved from the twenty second to the first. So the tremendous essential assembly is early March now.”
When a person inquired concerning the dinner menu, Hoskinson merely replied: “weight loss plan coke will definitely be on it”Some observers rapidly seized on the Weight-reduction plan Coke reference. It conjures photos of President Donald Trump’s well-known affinity for the beverage—he had a devoted “Weight-reduction plan Coke button” put in on the Resolute Desk throughout his first time period, and upon returning to the White Home in 2025, he had it reinstated.
Elon Musk, for his half, has his personal historical past of playful Weight-reduction plan Coke commentary. In January, he humorously posted on X: “I used to drink tons of Weight-reduction plan Coke nevertheless it’s been one month since I’ve had a drop. I wish to share a number of the adjustments I’ve noticed in myself over that point:My well being is unchanged. I’m much less completely satisfied. My one supply of pleasure is gone. Thanks for encouraging me on this journey!”
Some Cardano supporters and crypto speculators imagine the point out of Weight-reduction plan Coke in Hoskinson’s submit might be an allusion to at least one or each of those high-profile figures—or probably a clue that larger names are circling round Cardano’s blockchain know-how.
One other nod towards a possible assembly surfaced by way of a neighborhood ballot by person Mintern (@MinswapIntern) earlier this week. The ballot requested: “Charles is assembly somebody very particular this month finish to pump $Ada. Who’s it? Elon Musk, David Sacks, CZ, Somebody irrelevant.”
Hoskinson responded with a cryptic: “May very well be a couple of.”
Although no official affirmation has been given by the Division of Authorities Effectivity, the US Treasury, or Musk himself, the rumor seems to be effectively based. The rumored agenda is reportedly to evaluate whether or not public blockchain infrastructure—like Cardano—may function the spine for governmental operations, from monitoring expenditures to managing federal properties.
At press time, ADA traded at $0.78.
Featured picture created with DALL.E, chart from TradingView.com
