Cardano’s ADA token has jumped 5% following major interoperability announcements.
The news includes upcoming XRP support for the Lace wallet and a new Bitcoin DeFi protocol.
The ADA price is now testing key resistance near $0.71 as the market digests the news.
Cardano Founder Charles Hoskinson has let bygones be bygones with a major two-pronged strategy to position Cardano as a central hub for cross-chain interoperability, announcing both upcoming XRP support for the Lace wallet and a revolutionary new protocol designed to bring Bitcoin DeFi to the ecosystem.
JUST IN: #Cardano $ADA Founder Charles Hoskinson says "XRP support is coming to Lace." pic.twitter.com/xA1682W5Us
— Angry Crypto Show (@angrycryptoshow) June 9, 2025
The move underscores Cardano’s larger ambition to become a decentralized financial operating system that can connect disparate blockchain networks. The announcements signal a significant step forward in bringing two of the industry’s largest communities, Bitcoin and XRP, directly into the Cardano environment.
Related: Cardano Contributor Criticizes In-Person Budget Summits; Hoskinson Responds: “Not Everything Is a Cabal”
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