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


by Anisha Pandey
for CoinEdition
The price of Cardano's ADA token is rising following news of new interoperability plans for Bitcoin and XRP
  • 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.

Read the article at CoinEdition

Read More

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


by Anisha Pandey
for CoinEdition
The price of Cardano's ADA token is rising following news of new interoperability plans for Bitcoin and XRP
  • 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.

Read the article at CoinEdition

Read More

Sui Is Building a Skyscraper on a Shaky Price Foundation

Sui Is Building a Skyscraper on a Shaky Price Foundation

The Sui blockchain is presenting a stark paradox to the crypto market: while its deve...
A Look at the $3 Billion in Altcoin Unlocks Set to Hit the Market in July

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The crypto market is bracing for scheduled token unlocks set to hit in July. Accordin...