Cardano Eyes 86 Million New Users With New Partnership, Activity Soars in Japan
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The post Cardano Eyes 86 Million New Users With New Partnership, Activity Soars in Japan appeared first on Coinpedia Fintech News
Cardano is turning heads in the crypto space this week with a strategic partnership and a surge in trading activity. Input Output (IO), the development firm behind Cardano, has officially partnered with Brave — the popular privacy-focused web browser with over 86 million users — to integrate full ADA support into the Brave Wallet.
Announcing the partnership, Charles Hoskinson, the founder of Cardano, revealed that users will now be able to store, send, receive, swap, and sign transactions with ADA and other native Cardano assets directly through the Brave browser. The collaboration will also help Brave’s multi-chain support, which already includes Ethereum and Solana, and now adds Cardano to the mix.
Hoskinson called the Brave deal the first of several partnerships set to roll out throughout the summer and fall. He referred to these initiatives as “fixing broken windows” — deals that should have been completed earlier but faced delays. “This was long overdue. It could have happened in 2022, but certain parties dropped the ball,” Hoskinson shared.
ADA Trading Volume Spikes in Japan
On the market front, Cardano is also seeing growth in Japan. The ADA/JPY trading pair on Binance experienced a 79% increase in trading volume within the last 24 hours. This surge has made ADA/JPY the second most traded Cardano pair globally.
According to data from TapTools, this spike reflects increased activity and interest from Japanese investors, which could further strengthen ADA’s position in Asian markets.
Cardano Holds Strong Amid Mixed Sentiment
Despite a slight dip of 2% over the past 24 hours, Cardano has surged over 19% in the last week, even briefly reaching an intraday high of $0.865. Bulls are now eyeing the $1.02 resistance level, a breakout of which could mean a sustained bullish trend for ADA.
As for Bitcoin, it recently surged past $106,000 following a temporary US-China tariff pause but has since cooled to around $101,952. Ethereum has pulled back by 3%, while Dogecoin dropped over 6%.
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