Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Amid ADA Surge, Flare Network Considers Integrating Cardano

Published 03/21/2021, 06:04 AM
Updated 03/21/2021, 06:30 AM
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.

This article first published on coinquora.com

Continue reading on CoinQuora

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.