The increasing interest in Cardano blockchain is gaining popularity within the crypto community as it was recently integrated into Blockchain.com DeFi Wallet.
Integration of Cardano into Blockchain.com DeFi Wallet
Cardano has been integrated into Blockchain.com’s DeFi Wallet, now accessible to 37 million users. This allows users to send, receive, and hold ADA alongside Ethereum, Solana, Bitcoin, and other cryptocurrencies. Additionally, this update introduces support for Cardano Native Assets (CNA), enabling access to the growing ecosystem of Cardano tokens from a single secure wallet. Cardano founder Charles Hoskinson noted this as a significant step forward for ADA's adoption. He praised the Midnight Foundation for successfully negotiating this partnership.
CITE_W_A: "Welcome Cardano to Blockchain.com's 37 million users. Congratulations to Midnight Foundation for the great negotiations." — Charles Hoskinson
Maturity Criteria for Blockchains under CLARITY Act
Cardano is recognized as one of the top three most mature blockchains alongside Bitcoin and Ethereum under the newly passed CLARITY Act in the U.S. This act sets criteria for what qualifies as a "mature blockchain" based on factors such as decentralization and token distribution. While the act does not explicitly name specific projects, it creates standards for determining blockchain maturity.
Current Metrics and Predictions for Cardano
Data from Tap Tools show that Google search interest in Cardano is surging to levels not seen since its 2021 all-time high. Long-term holders are not selling, and the MVRV ratio suggests there’s room for more upside. Strong upward momentum is indicated by the 20-day EMA crossing above the 50-day, 100-day, and 200-day EMA. Analyst Dan Gambardello notes a major bullish signal with the weekly MACD turning green, akin to its movements in November 2020, which marked the start of the last bull market. Key support sits at the 200-week moving average around $0.63, with a breakout potentially targeting $1.00–$1.15, though a short-term pullback is possible.
Given the increasing interest and active integrations, Cardano's future looks promising for both existing and new users. The maturity of the blockchain and growing support from major platforms may lead to further price growth and adoption of ADA.
