COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Cardano Joins the Bitcoin Ecosystem Through the BitcoinOS Grail Bridge
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cardano (ADA) > Cardano Joins the Bitcoin Ecosystem Through the BitcoinOS Grail Bridge
Cardano (ADA)

Cardano Joins the Bitcoin Ecosystem Through the BitcoinOS Grail Bridge

In Brief

  • Cardano integrates with Bitcoin through the BitcoinOS Grail Bridge.

  • This partnership enhances liquidity and functionality for Cardano.

  • Analysts highlight the importance of this move for ADA's future.

İlayda Peker
İlayda Peker 7 months ago
Share
SHARE

Cardano has integrated into the Bitcoin $104,016 ecosystem via the BitcoinOS Grail Bridge. This integration supports the scalability of the largest blockchains by market capitalization and lays the groundwork for “decentralized programmability” within the network.

Contents
Integration and FunctionalityImpact on ADA Price

Integration and Functionality

According to an announcement by BitcoinOS (BOS), Cardano’s integration into the BOS Grail Bridge has been completed. This makes Cardano the first major layer-1 blockchain to be included in the BOS infrastructure, providing access to significant liquidity within the Bitcoin network.

As stated in the announcement, EMURGO, the founder of the Cardano network, collaborated with BOS to enhance liquidity via the Grail Bridge. This partnership will facilitate the reliable bridging of BTC and other assets on the Bitcoin network.

Impact on ADA Price

Crypto analyst Dan Gambardello noted that this move is significant for the price of ADA. Gambardello pointed out that the timing of this announcement for Cardano (ADA) $0.762159 is exceptionally good. With BTC prices beginning to recover, altcoins are seeking growth through such major updates.

Gambardello emphasized that the community does not fully grasp how monumental the integration of Cardano with Bitcoin is, highlighting that Cardano is “the most technically important network after Bitcoin.” However, the ADA price has not yet responded positively to the integration, experiencing over a 1% decline in the last 24 hours, trading at around $0.34.

Charles Hoskinson, the founder of Cardano, welcomed the integration, stating, “Welcome, Bitcoin.” His statement followed claims that Cardano would surpass Bitcoin and Ethereum $2,522 within twenty years. It is also worth noting that many investors still criticize Cardano’s “slow development,” as the network has yet to build its vast ecosystem and engaging applications.

This integration facilitates continuous connectivity between Bitcoin and Cardano. Bridging these networks and creating a value ecosystem larger than the sum of its parts is crucial. The Grail Bridge uses zero-knowledge proof technology to enable users to securely move their assets within the Bitcoin network and layer-2 networks.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Cardano Innovates with Midnight Update and Glacier Airdrop

Cardano Makes Waves with Impressive Price Surge and Market Optimism

Experience Seamless ADA Transactions Directly on the Brave Browser

Cardano Holds Strong as AI Integration Fuels Market Interest

Cardano Surges with Potential Breakthroughs on the Horizon!

İlayda Peker 25 October, 2024 - 4:31 am 25 October, 2024 - 4:31 am
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article GOAT Token Surges 200% Following Binance Listing Announcement
Next Article Celestia Launches Ginger Update to Enhance Network Performance
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Experience the Real-World Power of Cryptocurrencies with Ripple’s Innovative Pilot
Ripple (XRP)
Experts Predict Next Moves for SOL, SUI, and S Coin
Technical Analysis
Stay Ahead with Key Crypto Developments This Week
Cryptocurrency News
Cryptocurrency Markets Struggle as Bitcoin Holds Steady
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?