Cardano has announced the integration of XRP into its Lace wallet, scheduled for 2025, which may expand DeFi possibilities and increase ADA's value.
XRP Integration into Lace Wallet
Founders Charles Hoskinson (Cardano) and Brad Garlinghouse (Ripple) have announced the integration of XRP into the Lace wallet by 2025. Charles Hoskinson expressed optimism:
> "I had a great conversation with Brad Garlinghouse about mutual interests and interoperability. The Lace wallet will support XRP by 2025 as the first big step toward cross-ecosystem collaboration."
This decision indicates a shift in relationships and promises collaboration between ecosystems.
Expectations for XRP Liquidity
The integration will draw significant XRP liquidity into Cardano's DeFi ecosystem, potentially raising ADA's total value locked (TVL). The collaboration highlights important financial shifts with joint DeFi liquidity pools and XRP's presence in institutional markets.
Layer 1 Collaboration
Layer 1 collaborations often increase TVL and price momentum, as seen in past cases like Ethereum and Polygon. Experts suggest that cooperative alliances like this may boost market growth and pave the way for further DeFi innovations by 2025.
The integration of XRP into the Lace wallet marks a significant step toward improving interaction between the Cardano and Ripple ecosystems, potentially leading to increased liquidity and expanded DeFi opportunities.
