The recent integration of Cardano (ADA) into Blockchain.com's DeFi Wallet marks a significant event amid positive community reactions and price growth.
Integration of Cardano into DeFi Wallet
Cardano has been integrated into the DeFi Wallet by Blockchain.com, allowing 37 million users on this platform to store, send, and receive ADA, as well as interact with Cardano-based applications. This significant event highlights the growing popularity and acceptance of Cardano within the crypto community.
Reaction from Charles Hoskinson
Cardano founder Charles Hoskinson noted in a post on X that this integration is a positive step. He congratulated the Midnight Foundation for the successful negotiations that led to this significant achievement. Hoskinson also expressed hope that the integration will attract more users and investors to the Cardano ecosystem.
Price Dynamics of ADA
In light of the integration news, Cardano's price surged by over 11%. Over the past 24 hours, the project has shown growth from $0.7699 to $0.8922, marking a 15.53% increase. Trading volume also rose by 98.45%, reaching $3.5 billion. Investor expectations for reaching the $1 level are on the rise.
The integration of Cardano into Blockchain.com's DeFi Wallet opens new horizons for users and raises the cryptocurrency's potential in the market. With increased visibility and functionality for ADA, expectations for further growth are strengthening.
