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Amid ADA Surge, Flare Network Considers Integrating Cardano

CryptocurrencyMar 21, 2021 06:30AM ET
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Amid ADA Surge, Flare Network Considers Integrating Cardano

  • Flare Network could soon integrate Cardano (ADA) to its network.
  • When this happens, Cardano will operate as an F-Asset via the Flare Network.
  • Present Cardano (ADA) price stands at $1.20.

Flare Network could soon integrate Cardano (ADA) on its blockchain network.

In a Twitter poll, the Flare network asked its entire crypto community whether it should add support to Cardano as an F-Asset.

At press time, the poll has received over 16,147 votes in favor of Cardano. In fact, about 84% of respondents shared their massive support in favor of Flare’s proposal. At the time of writing, the poll has less than 5 working days to expire.

About the tweet, Flare officially asked,

“Should ADA be integrated as an F-Asset.”

Under the integration, Cardano and Flare users will gain lots of benefits. The integration will even create a chance for ADA to trade with many other cryptos that already operate as F-Assets.

Notably, several other digital assets like XRP, Litecoin (LTC), Stellar Lumens (XLM), and Dogecoin (DOGE) are already working as F-Assets.

Furthermore, Coinbase Pro recently added support for Cardano. Soon after Coinbase Pro disclosed its Cardano support, ADA price increased by over 20%. Also, amid the ADA surge, the company also recently launched its Goguen era with the Mary hard fork. As there are 5 more poll days to go, many are waiting to see whether Flare Network will integrate ADA or not.

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Amid ADA Surge, Flare Network Considers Integrating Cardano

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