Charles Hoskinson Proposes Massive Partnership for Cardano (ADA)

Charles Hoskinson, the creator of Cardano, has offered a possible partnership between his company and the cryptocurrency market Kraken on X (Twitter).

Charles Hoskinson Proposes Massive Partnership for Cardano (ADA)
Source: Ethereum World News

He specifically wants the two organisations to construct a layer-2 blockchain network that is mutual.

Ethereum Price: Whales Inject $210M Amid Overheated Market

Hoskinson made his remarks a few days after Kraken announced that it intended to collaborate with top businesses to develop its own L2 solution.

Charles Hoskinson Proposes Massive Partnership for Cardano (ADA),Charles Hoskinson Proposes Massive Partnership for Cardano (ADA)

Coinbase is one bitcoin exchange that has already introduced such a network. It is called Base, and it gives developers access to the platform’s verified users and assets so they may create decentralised apps (dApps).

Is ADA Ready for a Comeback?

As of last week, Cardano’s native currency, ADA, reached about $0.40 (according to CoinGecko statistics), making it one of the top-performing cryptocurrencies. Furthermore, a few analysts think the upward trend can last into the upcoming years.

Ali, the person with the X handle, believes that by the end of 2024, ADA might soar to about $10. Even more optimistic, Lucid predicted that the token’s value may soar to an astounding $30.

$27M USDT Stolen from Binance-Connected Hot Wallet

The estimate was predicated on the idea that the world might spur the cryptocurrency industry and raise its valuation to $10 trillion in the next ten years.

Charles Hoskinson Proposes Massive Partnership for Cardano (ADA),Charles Hoskinson Proposes Massive Partnership for Cardano (ADA),Charles Hoskinson Proposes Massive Partnership for Cardano (ADA) , Cardano coin Crypto news, Cardano coin News

Leave a Comment