This week, Cardano is drawing attention with a strategic partnership and a surge in market trading activity.
Partnership Between Cardano and Brave
Input Output, the development firm behind Cardano, has announced a partnership with the Brave browser. Users will be able to store, send, and receive ADA through Brave Wallet. Cardano founder Charles Hoskinson emphasized the importance of this collaboration, calling it the first in a series of initiatives aimed at recovering missed opportunities.
Surge in ADA Trading Volume in Japan
The ADA/JPY trading pair on Binance saw a 79% increase in trading volume over the last 24 hours, making it the second most popular Cardano pair globally. This reflects a rise in interest from Japanese investors towards ADA.
Cardano's Status Amid Mixed Sentiment
Despite a slight 2% dip in the last 24 hours, Cardano has surged over 19% over the past week. Activity around the $1.02 level may signal a potential sustainable upward trend for ADA.
The partnership with Brave and the increased trading activity in Japan may strengthen Cardano's position in Asian markets despite the overall volatility in the cryptocurrency space.
