Cardano founder Charles Hoskinson has claimed that Bitcoin will lose its dominance and effectively "die" if another cryptocurrency surpasses it on CoinMarketCap. In a recent discussion, Hoskinson argued that Bitcoin's current value is largely due to its status as the leading cryptocurrency, rather than its intrinsic qualities. He suggested that a more innovative asset could dethrone Bitcoin by offering superior features and sustainability. Hoskinson drew parallels between Bitcoin and Microsoft's dominance in the 1990s, suggesting that Bitcoin's lack of innovation could lead to its downfall. He highlighted that while Bitcoin benefits from regulatory clarity and institutional adoption, it lacks a culture of innovation. Hoskinson also noted that XRP once came close to surpassing Bitcoin and could potentially do so again, especially with its recent regulatory clarity.