TL;DR
Potential Cardano-Kraken Partnership: Charles Hoskinson of Cardano proposed a collaboration with Kraken to develop a layer-2 blockchain network.
Coinbase’s Layer-2 Network: Coinbase has launched Base, its layer-2 network for decentralized app development.
ADA’s Price Outlook: ADA’s price has recently approached $0.40, with predictions suggesting a rise to between $10 and $30 by the end of 2024, influenced by global market trends.
The founder of Cardano – Charles Hoskinson – recently took it to X (Twitter) to offer a potential collaboration between his organization and the cryptocurrency exchange Kraken. Specifically, he wants the two entities to build a mutual layer-2 blockchain network.
I’m game if you are https://t.co/Zryh679fMl@jespow PM me
— Charles Hoskinson (@IOHK_Charles) November 12, 2023
Hoskinson’s comments came a few days after Kraken displayed its intentions to work with leading companies to establish its own L2 solution.
One cryptocurrency exchange that has already launched such a network is Coinbase. Dubbed Base, it enables developers to build decentralized applications (dApps) with access to the platform’s verified users and assets.
Cardano’s native token – ADA – has been among the best-performing cryptocurrencies lately, reaching nearly $0.40 (per CoinGecko’s data) last week. Moreover, some analysts believe the uptrend could continue in the following years.
The one using the X handle – Ali – thinks ADA might skyrocket to almost $10 by the end of 2024. Lucid was even more bullish, claiming the token’s price could explode to the astonishing $30. They based the forecast on the assumption that global could act as a catalyst for the cryptocurrency market and push its capitalization to $10 trillion within the decade.
The post Massive Partnership for Cardano (ADA) Proposed by Charles Hoskinson appeared first on CryptoPotato.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
