Tuesday, January, 21, 2025

Cardano Joins Brave Wallet as ADA Trading Explodes 79% in Japan Surge

Cardano integrates with Brave Wallet as ADA trading volume in Japan jumps 79%, signaling rising interest and adoption.
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Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.
  • Cardano gets full ADA support inside Brave Wallet, expanding its multi-chain ecosystem.
  • Japanese investors boost ADA/JPY volume by 79% in just 24 hours on Binance.
  • Hoskinson says Brave deal is the first of many delayed partnerships set to roll out this year.

Brave, one of the world’s best-known privacy web browsers, with over 86M users worldwide, has become a significant partner for Cardano. The agreement allows Brave to fully integrate ADA into Brave Wallet and directly control the ADA as well as native Cardano tokens.

Users can send and receive, store, and swap ADA from the Brave browser without the need for third-party extensions and platforms. Cardano’s leading development firm, Input Output, confirmed the integration and emphasized its importance for Brave’s multi-chain support.

Brave already has Ethereum and Solana, and now, officially, Cardano can be added to that list of blockchains for further penetration into the browser space. Charles Hoskinson, the founder of Cardano, states the partnership as long overdue and adds that delays have postponed it since 2022.

He said the partnership falls in a wider campaign to finish long-pending deals that were earlier left unresolved. Hoskinson dubbed this the start of a series of strategic partnerships that are scheduled to be rolled out within the proceeding months.

ADA Sees Trading Boom in Japan Following Integration News

ADA is also finding strong momentum in Japan, where there was a massive spike in trading after the Brave partnership was announced. ADA/JPY trading pair in Binance experienced a 79 percent increase in its volume in 24 hours since the announcement.

This wave made ADA/JPY the second most traded Cardano pair in the world, with increasing interest from Japanese investors. According to TapTools data, the volume spike indicates an increase in confidence in the future of Cardano, mainly in Asian markets.

With an increase of 19% in a week of trading, ADA had a 2% decline in daily trading. The asset had a maximum daily level of $0.865 and is currently reaching a significant resistance level of $1.02.

In the interim, bitcoin spiked a little over $106000 after a break in US-China tariffs but has since cooled down to $101,952. On the other hand, Ethereum fell by 3%, and Dogecoin lost more, with 6%.

Cardano has become part of Brave, and the increase in trade in Japan indicates better adoption and confidence in the ADA market. Looking forward to even more partnerships, Cardano seems poised to deploy itself to more frontiers of technology and trading platforms.

Also Read: Florida Teens Kidnap Crypto Investor, Steal $4M in Shocking Heist Across States

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