Cardano Unlocks Access to 37 Million Users as ADA Price Rallies Toward $1

Cardano (ADA) has reached a significant adoption milestone with its latest integration into Blockchain.com’s DeFi Wallet. This move now gives over 37 million users access to ADA directly within one of the industry’s leading crypto platforms. The development marks a step forward in Cardano’s push into decentralised finance and broader market accessibility.

Charles Hoskinson Welcomes Integration

Charles Hoskinson, the founder of Cardano, responded positively to the news on X (formerly Twitter). In his post, he highlighted the importance of this achievement, noting that it brings Cardano to millions more users worldwide.

“Congratulations to the @midnightfdn for the great negotiations,” Hoskinson wrote, referencing the Midnight Foundation’s role in making the integration possible.

This listing allows Blockchain.com users to store ADA, send and receive it, and interact with Cardano-based DeFi applications, without the need for third-party wallets. As a result, ADA’s presence in the decentralised finance space could grow significantly in both utility and user adoption.

Enhanced Utility for Millions of Crypto Users

The addition of Cardano to Blockchain.com’s platform brings a host of new functionalities for users. They can now hold ADA directly in their DeFi Wallet, transfer it with ease, and interact with decentralised applications on the Cardano blockchain, all from a single, trusted interface. This streamlined access removes friction from the user experience and provides an incentive for more investors to engage with Cardano’s ecosystem. The integration also highlights Cardano’s increasing significance in the DeFi sector and reinforces its position among major blockchain networks.

ADA Price Jumps Over 15% Amid Bullish Momentum

Cardano’s market performance has mirrored the excitement around its new listing. In the past 24 hours, ADA surged from $0.7699 to a high of $0.8922 before settling around $0.8590. This marks a 12.53% gain within the same period, placing it among the top-performing assets of the day.

At the same time, ADA’s 24-hour trading volume nearly doubled, climbing by 58.45% to reach $3.42 billion. This spike in trading activity shows strong investor interest and market confidence, likely fueled by the visibility boost from Blockchain.com’s user base.

With bullish momentum on its side, Cardano is now approaching the key psychological resistance level of $1. Many analysts and investors believe that if the current rally continues, ADA could flip that threshold in the short term.

A Strategic Leap Forward for Cardano

This integration represents more than just a listing; it reflects the growing institutional and retail confidence in Cardano’s ecosystem. As one of the most actively developed blockchains, Cardano has steadily worked to deliver utility, scalability, and accessibility. Now, with millions of new users potentially joining the ecosystem through Blockchain.com, the project is well-positioned for its next growth phase.

By simplifying access and strengthening DeFi participation, Cardano is making strategic moves that could shape its long-term role in the broader crypto landscape.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.