Cardano founder, Charles Hoskinson, has reactivated his proposal to carry out a Dogecoin technical upgrade for X, the social media platform owned by Elon Musk. This initiative seeks to transform the popular memecoin into an official and efficient digital currency within the X platform ecosystem. Hoskinson renewed his offer during October 2025, seeking a “once-in-a-lifetime opportunity” to work with Musk.
The official spokesperson has expressed enthusiasm for the project, which was initially proposed in March 2025, and now resurfaces at a time of growing community interest. The goal is to provide Dogecoin with the necessary efficiency and reliability to operate as a standardized currency in a high-volume environment like X.
Hoskinson has suggested leveraging a pre-existing roadmap, dubbed Bitcoin 2, as the foundation for the Dogecoin overhaul. This technical measure aims to resolve the scalability and efficiency challenges currently facing the crypto asset. The Cardano founder has not only proposed this enhancement for Dogecoin but has also explored a broader blockchain initiative.
This initiative involves Cardano and Bitcoin to support the Department of Government Efficiency (DOGE), using its privacy-focused sidechain, Midnight. Despite the time elapsed since the initial proposal, a collaboration between the parties has not yet been formalized. However, Hoskinson has reacted positively to community reminders, keeping the interest alive.
On the other hand, the relevance of this proposal lies in Elon Musk’s historical relationship with Dogecoin. Since 2021, Musk has influenced DOGE’s market performance with his posts, even tentatively suggesting that Dogecoin could become the “official currency of the internet” in 2022. Although Tesla already accepts DOGE for certain merchandise, the X platform has not yet fully integrated the digital asset into its limited “X Money” beta phase. The digital economy of X would greatly benefit from a native currency.
What Does This Grand Proposal Represent for the Crypto Market?
Furthermore, the market has reacted moderately to Hoskinson’s announcement. Following the renewal of the proposal, both Cardano (ADA) and Dogecoin (DOGE) showed limited price movements. ADA was trading around $0.61 and DOGE near $0.184, reflecting minor declines. This suggests that investors are waiting for concrete details on a potential collaboration or actual integration into X before significantly re-evaluating these assets.
Likewise, market analysts indicate that macro trends, such as liquidity flows and the overall sentiment of the altcoin sector, currently exert a greater influence on prices than this single announcement. Therefore, the Cardano founder’s proposal, although high-profile, has not caused a dramatic surge. Despite the lack of an immediate price impact, the Dogecoin technical upgrade for X is an important narrative catalyst. In this way, the realization of an alliance could represent a significant milestone, not only for Dogecoin but for the adoption of cryptocurrencies on global-reach social media platforms, which could set a precedent for future similar projects. The future of the memecoin as the standard currency on X continues to depend on Musk’s decisions.
