Cardano founder Charles Hoskinson has openly supported Ergo (ERG) following news of its potential delisting from HTX.
Earlier this week, Ergo’s official X account reported that its native token was unjustly being delisted from HTX for failing to meet liquidity requirements.
It emphasized that the listing agreement previously signed with HTX did not include minimum volume requirements. However, Ergo claimed HTX added ERG to its ST list without informing the Ergo team of any policy changes or providing adequate response time.
The Ergo team stated that it discovered HTX’s delisting plan a month after the official notification was expected. Upon learning of the move, Ergo said it quickly made the necessary adjustments to comply with the exchange’s liquidity requirements. Despite this, it claims the exchange still intends to proceed with the delisting.
Cardano Founder Reacts
Interestingly, Cardano’s founder, Charles Hoskinson, joined several crypto stakeholders to respond to Ergo’s public outcry, advocating for increased liquidity on decentralized exchanges.
In his X post, Hoskinson stated that he is familiar with how centralized exchanges treat smaller crypto projects. He emphasized that decentralization is the only way small projects can end the mistreatment from centralized trading platforms.
Meanwhile, Hoskinson praised Ergo, describing it as a spiritual successor to Bitcoin, the world’s largest cryptocurrency by market cap. He stressed that the project deserves more respect and love than it currently receives.
Furthermore, Hoskinson suggested that Ergo could thrive as a partner chain within the Cardano ecosystem. He noted that it is challenging for the Cardano team to provide support while Ergo remains a standalone Layer-1 (L1) project.
Is Something Big Coming for ERG?
While Ergo has yet to comment on the proposal, Edge Capitalism highlighted the significance of Hoskinson’s recent endorsement of ERG. Edge Capitalism finds it surprising that Hoskinson is commenting on a project like Ergo rather than established competitors such as Solana or Ethereum.
They view Hoskinson’s remarks as a strong endorsement of Ergo’s decentralized model and technology, suggesting that such high-profile validation could pave the way for significant development for ERG in the near future.
This has just happened a few hours ago👇
Yes, $ADA Charles Hoskinson from #Cardano is clearly explaining the descentralized nature and technology of #ERGO 🔥🔥🔥
Yes. Of #ERGO not #SOL or #ETH
You better be prepared. Something big can happen any time with $ERG 👀 pic.twitter.com/xSOVDPRyvJ
— EDGE Capitalism (@EDGECapitalism) September 18, 2025
ERG Still on HTX
In the meantime, HTX Global has yet to delist ERG. Of the $351,000 total 24-hour trading volume for ERG, $42,561 was transacted on HTX Global.
The token, which plunged to a 30-day low of $0.7712 yesterday, is currently changing hands at $0.8258. It has surged 4.58% over the past 24 hours, but is down 3.67% in the past week. With a valuation of $67.71 million, ERG ranks as the 492nd biggest cryptocurrency by market cap.
Although Ergo is a separate L1 blockchain, it is compatible with the Cardano network. Like Cardano, Ergo uses the same transaction model, allowing decentralized applications to run on both blockchains. Last year, 624,000 ERG coins, or 0.76% of its 81.96 million circulating supply, moved to the Cardano network.
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