Cardano’s ADA Price Jumps 5% as Hoskinson Announces XRP and Bitcoin Integrations

• Cardano’s ADA token has jumped 5% following major interoperability announcements.
• The news includes upcoming XRP support for the Lace wallet and a new Bitcoin DeFi protocol.
• The ADA price is now testing key resistance near $0.71 as the market digests the news.

Cardano Founder Charles Hoskinson has let bygones be bygones with a major two-pronged strategy to position Cardano as a central hub for cross-chain interoperability, announcing both upcoming XRP support for the Lace wallet and a revolutionary new protocol designed to bring Bitcoin DeFi to the ecosystem.

The move underscores Cardano’s larger ambition to become a decentralized financial operating system that can connect disparate blockchain networks. The announcements signal a significant step forward in bringing two of the industry’s largest communities, Bitcoin and XRP, directly into the Cardano environment. 

Related: Cardano Contributor Criticizes In-Person Budget Summits; Hoskinson Responds: “Not Everything Is a Cabal”

A B…

The post Cardano’s ADA Price Jumps 5% as Hoskinson Announces XRP and Bitcoin Integrations appeared first on Coin Edition.