In accordance with AMBCrypto, Cardano (ADA) has experienced a significant price surge, climbing 10% and nearing the $1 mark. As of the latest update from CoinMarketCap, ADA was trading at $1.08, marking a 1.53% increase in the past 24 hours. This positive momentum is attributed to recent updates from ADA founder Charles Hoskinson regarding the Lace Wallet. Hoskinson announced ambitious plans for the light wallet platform, indicating major upgrades and enhancements throughout the year. The transition of users from Nami to Lace is underway, positioning Lace Wallet as a leading platform. Additionally, Cardano is advancing its ecosystem with projects like Midnight, a privacy-centric blockchain initiative. Hoskinson's engagement with Ripple CTO David Schwartz highlights Cardano's focus on secure data handling and privacy-driven dApps.
Cardano ADA Surges 10%, Nears $1 Amid Lace Wallet Upgrades
KuCoin NewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.