Home Community Insights Cardano Founder Hints At Partnership With Algorand As ADA Price Recovers Sharply

Cardano Founder Hints At Partnership With Algorand As ADA Price Recovers Sharply

Cardano Founder Hints At Partnership With Algorand As ADA Price Recovers Sharply

In the midst of Cardano (ADA) price recovery from weekly lows, Charles Hoskinson, the founder of Cardano (ADA), raised some attention in the crypto space by hinting at a strategic partnership between Cardano’s AI chain—Minotaur and Algorand (ALGO). Meanwhile, this new ETF-trading platform, ETFSwap (ETFS) is bound to share in the spotlight as it offers game-changing trading features and versatile investment opportunities.

Cardano (ADA) And Algorand (ALGO) Looks To Forge An AI Powerhouse 

According to Hoskinson, the potential of Cardano’s AI chain could be pushed to the limit if a collaboration with Algorand (ALGO) occurs. He added in this tweet that the crypto industry would witness the birth of the greatest decentralized AI powerhouse.

Originally, this partnership idea started gaining traction when Gary Malouf, the Chief Technology Officer (CTO) of the Algorand (ALGO) Technologies, expressed his interest to discuss and potentially work with Cardano (ADA).

Following this, a Cardano (ADA) development and DEX enthusiast, Dave attracted more traction to this idea by posting a tweet, proposing a collaboration. John Woods, CTO of Algorand Foundation responded to this with positivity, indicating that he was open to discuss the idea. This particularly raised the possibility of Cardano (ADA) and Algorand (ALGO) sealing a partnership deal.

Although Hoskinson did not respond directly to Woods’ X (formerly Twitter) post, he disclosed that a partnership discussion between both networks would be “epic”. Cardano (ADA) community members may be even more excited for this potential collaboration, seeing that the network experienced surging activity that raised the price of ADA by 12.96% in the past week, according to CoinMarketCap. The price of Algorand (ALGO), on the other hand, is reflecting a 13.12% weekly rise, following Cardano’s progress.

While the specifics of Cardano (ADA) and Algorand (ALGO) partnership has not been fully divulged, both Hoskinson and Woods are looking to explore the benefits of working together.

ETFSwap (ETFS) Emerges As The Best Sustainable Investment Option For Investors

With plans to change the financial status of many investors, ETFSwap (ETFS) is not just a DeFi ETF-trading platform, but an avenue to potentially achieve continued financial growth through enticing investment opportunities. This ambitious vision is why ETFSwap (ETFS) is gaining recognition alongside major networks like Cardano (ADA) and Algorand (ALGO).

As a decentralized ETF platform, ETFSwap (ETFS) will allow investors and traders to seamlessly access a vast array of tokenized institutional ETFs and cryptocurrencies. Psyched by this innovation, over 500 million ETFS tokens have already been bought, allowing the project to realize almost $4 million in its ongoing presale. 

ETFSwap’s investment opportunities are not only limited to traditional assets alone. On its platform, investors will also gain exposure to sectors like real estate, technology, and healthcare. Additionally, ETFSwap (ETFS) will provide perpetual futures trading and high leverage options. With these, both seasoned investors and newcomers gain the flexibility and potential needed for achieving significant profit.

The ETFSwap (ETFS) platform is also planning to offer investors advanced AI algorithms to help with investment recommendations, using analysis from market trends and historical data. This platform strongly prioritizes profit maximization alongside security, and transparency. Additionally, ETFSwap (ETFS) offers investors high yield staking options, allowing them to earn staking rewards and passive income. 

This platform is completely user friendly and ensures that KYC verification is not necessary for users. This poses ETFSwap’s native token, ETFS as one of the best investment assets to emerge this year.

Moving on, the entire infrastructure of the platform has undergone a thorough audit by CyberScope, a leading blockchain auditing firm, confirming its robust security and operational integrity. The platform’s team members have also passed rigorous KYC verification by SolidProof, proving their commitment to maintain the highest standards of trust and transparency.

Wrapping Up

The presale for ETFSwap (ETFS) is still ongoing, with many investors hurrying to invest in the innovative token before it spikes to new highs. ETFS is expected to hit $0.03846 in its next presale run, signaling the best time for investors to start accumulating ahead of its projected price surge.  

 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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