Founder of Altcoin Cardano Charles HoskinsonAnnounced the ambitious price targets for the island. According to Hoskinson, if the Cardano roadmap of Input Output Global is successfully completed, the price of the island can rise up to $ 3, 5 or even 10 dollars. However, Hoskinson underlined that the Cardano community should give active support to the targets on the roadmap in order to realize this vision.
Cardano’s road map and community concerns
Hoskinson in the past, CARDANOIt was on the agenda by announcing that it has completed its original scaling targets. However, he added that the developer team is working on advanced scaling solutions. Hoskinson, projects can be in danger without financing guarantee and this situation Input Output GlobaHe said L ‘s withdrawal from Cardano.
The community members questioned how the process was considered completed without complete scaling. In addition, concerns about Cardano’s management model and financing structure increased. Hoskinson criticized the community’s demands for decentralized decision -making and “competitive proposal” and argued that this approach has caused great damage to developers in countries with high life costs.
On the other hand, Hoskinson announced that the Cardano team is working on the Bitcoin Bridge and that Bitcoin will integrate into the Lace wallet. With this development, it will be possible to operate Bitcoin -based defi applications on Cardano. Thus, the co -operation of the network will increase and the ecosystem will expand further.
ETF approval is increasing for Ada Coin
Ada Coin It is currently traded for $ 0.7241 and has increased over 3 percent in the last 24 hours. Altcoin managed to hold above $ 0.70. If the island can maintain this level, the next resistance point will be 0.764 dollars and the eyes will be turned into a $ 1 target again. However, if the price hangs below $ 0.70, it can be expected to re -test the levels of $ 0.674 and $ 0.60.
GrayscaleIncreasing island assets caused a new expectation in the market. According to Polymarket data, the probability of an exchange investment fund in the US for the island increased from 20 percent to 55 percent. As will be remembered, Grayscale is on the New York Stock Exchange (NYSE) Spot Cardano ETF He had applied. The US Securities and Stock Exchange Commission (SEC) officially accepted the application, but has not yet approved. The decision is expected to be announced in August this year.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
