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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

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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

Is This the Most Boring, Yet the Most Important Time to Buy Altcoins?

Is This the Most Boring, Yet the Most Important Time to Buy Altcoins?

Crypto analyst Michaël van de Poppe has noted that the altcoin market remains in its ...
Eric Trump Says ‘Buy the Dip’ on BTC and ETH; Here’s What Happened Last Time

Eric Trump Says ‘Buy the Dip’ on BTC and ETH; Here’s What Happened Last Time

Eric Trump is urging investors to “buy the dips” in Bitcoin (BTC) and Ethereum (ETH),...