Charles Hoskinson, the founder of Cardano made a hint about a probable partnership with Internet Computer Protocol (ICP). Hoskinson made remarks of the potential of the ecosystem citing “there’s a lot of good people and great scientists in that ecosystem.”
The recent statements have propagated a potential partnership and ecosystem developments. However, following the recent market crash, ADA token had dipped over 20% earlier in the day, but has since recovered.
Hoskinson Says Cardano’s ‘Collaboration with $ICP is Possible’
In a recent post shared on X by Cardano enthusiast ‘Angry Crypto Show,’ a probable collaboration with ICP could be around the corner. The post read, “Cardano $ADA Founder Charles Hoskinson says “collaboration with $ICP and Dominic Williams (DFINITY Founder & Chief Scientist) is possible.”
JUST IN: #Cardano $ADA Founder Charles Hoskinson says “collaboration with $ICP and Dominic Williams (DFINITY Founder & Chief Scientist) is possible. ICP was one of the best candidates for Wyoming. There’s a lot of good people and great scientists in that ecosystem.” pic.twitter.com/RzMVY5Lclk
— Angry Crypto Show (@angrycryptoshow) February 3, 2025
Following the podcast, founder of ICP and the Chief Scientist of DFINITY Dominic Williams, responded to Hoskinson joyfully. Dominic expressed that he would like to have an integration with Cardano.
“Will definitely reach out to Charles (side note: we’ve known each other since the earliest days of crypto). Would love to do chain key integration” the ICP founder wrote on X responding to Hoskinson’s statements.
How is Cardano (ADA) Performing?
The crypto market experienced a downward trend with most coins including Bitcoin and altcoins plunging. However, with BTC now having recovered above $100K as of this writing, ADA has also followed suit. The price of the coin has experienced a reversal shifting to an upward trend.
Coinmarketcap data shows that ADA is currently selling at $0.7845 recording only a slight decline of 1.55% in the last 24 hours. However, earlier the price had reached to a low of $0.5753 which marked over 20% decline.
Currently, ADA has recorded an increase of 305.34% surge in trading volume over the last 24 hours. The trading volume now sits at $4.78 Billion.
Cardano’s market cap is at $27.6 Billion. This marks a small 1.55% decline but still leaves the coin holding the no.9 spot amongst top cryptos based on market capitalization.
The Cardano Foundation recently announced that the Plomin Hard Fork upgrade was successful. This upgrade has pushed Cardano to full decentralization with on-chain governance. Following Hoskinson’s hint of a partnership with ICP, further ecosystem upgrades could trigger a bullish rally for the coin.
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