ADA: Cardano plans Bitcoin integration, Chainlink Synergy
Cardano is positioning itself as a key platform in the evolving Bitcoin DeFi ecosystem, aiming to unlock substantial unrealized potential
Charles Hoskinson’s 2025 roadmap highlighted Bitcoin DeFi integration, scalability enhancements through Ouroboros Leios, and improved interoperability with Chainlink
The alliance aims to enhance data quality and make advanced financial products accessible on Cardano’s platform. By integrating with external networks and services, Cardano intends to establish a comprehensive DeFi ecosystem that supports various use cases, including lending, borrowing, derivatives, and decentralized exchanges.
This collaborative strategy will likely accelerate adoption and boost Cardano’s influence in the broader cryptocurrency market.
Charles Hoskinson recently emphasized that his company is “at the nexus” of Bitcoin DeFi, a space he describes as a “giant sleeping monstrosity.” While Ethereum and Solana have traditionally been the focal points of decentralized finance, Bitcoin’s DeFi potential remains largely untapped. Hoskinson envisions Cardano as the leading platform to bridge this gap by capitalizing on Bitcoin’s extensive market presence.
Meanwhile, on-chain indicators suggest that Cardano may be facing further declines. The altcoin’s social dominance score fell from 2 percent in May to 0.792 percent, according to Santiment data.
This metric indicates that Cardano is being discussed less on social media platforms. Additionally, another metric shows a recent decline in the number of daily active addresses, dropping from over 60,500 addresses in May to 21,565 addresses on Friday. This means fewer users are engaging with the blockchain.
$ADA
$BTC
$ETH
#ADA
#Cardano
Charles Hoskinson’s 2025 roadmap highlighted Bitcoin DeFi integration, scalability enhancements through Ouroboros Leios, and improved interoperability with Chainlink
The alliance aims to enhance data quality and make advanced financial products accessible on Cardano’s platform. By integrating with external networks and services, Cardano intends to establish a comprehensive DeFi ecosystem that supports various use cases, including lending, borrowing, derivatives, and decentralized exchanges.
This collaborative strategy will likely accelerate adoption and boost Cardano’s influence in the broader cryptocurrency market.
Charles Hoskinson recently emphasized that his company is “at the nexus” of Bitcoin DeFi, a space he describes as a “giant sleeping monstrosity.” While Ethereum and Solana have traditionally been the focal points of decentralized finance, Bitcoin’s DeFi potential remains largely untapped. Hoskinson envisions Cardano as the leading platform to bridge this gap by capitalizing on Bitcoin’s extensive market presence.
Meanwhile, on-chain indicators suggest that Cardano may be facing further declines. The altcoin’s social dominance score fell from 2 percent in May to 0.792 percent, according to Santiment data.
This metric indicates that Cardano is being discussed less on social media platforms. Additionally, another metric shows a recent decline in the number of daily active addresses, dropping from over 60,500 addresses in May to 21,565 addresses on Friday. This means fewer users are engaging with the blockchain.
$ADA
$BTC
$ETH
#ADA
#Cardano
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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